So, like many boomers, I have a 401k that represents basically my entire retirement fund. Unlike many boomers, I am under the age of 50.
I'm sure there's plenty of other millennials, and possibly even younger generations, who have simple, relatively hands-off accounts from jobs where you just diverted a percentage of your paycheck. It's not flashy or trendy, and it's kinda old-school - like the employers we got them from.
With the market being about as stable as a cement mixer full of nitroglycerin, what are we to do?
I've thrown some pocket change into the Meme War on Wall Street, but if this triggers a collapse, there goes my 'retirement' (as though that could ever happen given current trends). What should I and people like me be looking out for?
I started by cheating off the software back when I was a self-contractor and a broke college student. Since I was a self-contractor I had to file some extra forms that wasn't covered under the "free" software and the software I needed was $75 I didn't want to spend. The software wouldn't charge you until you filed it, so I'd let it fill everything out and then copy to my own forms manually while at the same time trying to understand why it was putting numbers where. There are detailed instructions for every single form on IRS.gov, and once you get used to reading them they aren't that hard to follow.