by Hope
I don’t know if the saying “better late than never” applies at this time. But I’ve taken a teeny tiny baby step toward formal retirement. I opened a ROTH IRA account with Charles Schwab and schedule small bi-monthly cash deposits from my every day checking account. (My primary focus is still on debt payoff so this will start off small.)
I think I can start investing with any amount, but I can’t take advantage of their financial plan tool until I have $5,000 ready to invest. So for now, I’m going to begin to do some reading and do some manual investing with a small amount of cash while I build up the account. I know I have asked it before, but any free resources for learning to invest would be great. And by learning…I mean, very, very basics.

How Aggressive Can I Be?
I know it’s not a lot, but it is something. I figure I have at least 20 years until retirement so I will need to be pretty aggressive with my savings and balance that with how risky I’m willing to be with my investments at least here to start. From what I understand, I have about 10 years to be pretty intense and risky before I’ll need to be more moderated in the chances I take.
Do you know of any blogs of people who started planning for retirement late in life? I am going to need all the tips and tricks I can gather.
(At the same time I am doing this, I have also looking at opening ROTH IRA accounts for Gymnast and Princess. I need to be a bit more knowledgeable about how they work first.)

Hope is a resourceful and solutions-driven business manager who has spent nearly two decades helping clients streamline their operations and grow their businesses through project management, digital marketing, and tech expertise. Recently transitioning from her role as a single mom of five foster/adoptive children to an empty nester, Hope is navigating the emotional and practical challenges of redefining her life while maintaining her determination to regain financial control and eliminate debt.
Living in a cozy small town in northeast Georgia with her three dogs, Hope cherishes the serenity of the mountains over the bustle of the beach. Though her kids are now finding their footing in the world—pursuing education, careers, and independence—she remains deeply committed to supporting them in this next chapter, even as she faces the bittersweet tug of letting go.
Since joining the Blogging Away Debt community in 2015, Hope has candidly shared her journey of financial ups and downs. Now, with a renewed focus and a clear path ahead, she’s ready to tackle her finances with the same passion and perseverance that she’s brought to her life and career. Through her writing, she continues to inspire others to confront their own financial challenges and strive for a brighter future.

