, so I thought I'd get on that too. But I made a big retirement mistake that could have cost me a ton of money in the long run. I remember creating an account with Vanguard to invest in index funds. I connected my bank account and transferred over a few thousand dollars to start, and I thought I was set. I believed that I was done and didn't think about it for several months.
I didn't know how a settlement account worked at the time. My settlement account was basically the holding account for my money before actually investing in anything. I was never taught how to invest in school, by my parents, or anyone. I also felt like Vanguard's interface wasn't super user-friendly. I didn't know how to get started with investing with my funds from the settlement account. and confided that I didn't know the mechanics of how to invest my money in index funds through Vanguard.
wow