I'm a complete novice for this type of investing. I will be 28 in July with 0 retirement savings. I do have money and a house so im not terribly off.
I've been seeing a lot of videos where they say, hey put 100 to 300 a month in this type of account and it'll compound, and in 20 to 30 years it'll be millions.
Can anyone recommend something to me in this regard so I can plan for retirement? I do not make enough to do it without something like this. What are the best ones ? Who should I go with? What's a compound rate I'm looking for? I've done some research but it seems to be all over the place, and I feel like r/stocks would be the people to know about 20 to 30 year compound investing. Like I'd have 1000 or so after expenses every month. So I could make up for my early 20s sort of.
I'm really looking for some help and guidance here. I really hope this post gets some responses :(. I'm sure someone on here knows the best place to do it with the best compound rate etc.
I struggle thinking about retirement, if I don't do this, I don't know what I'm gonna do.
If this is the wrong subreddit I apologize and please point me where to post.
If anyone here can tell me exactly what I'm supposed to do, I'll love you forever. If I have to suffer and put way more away every month to make up for my not doing this sooner, I'm fine with that too.
Sorry for bad formatting I'm on mobile also.
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