M1 Finance Roth IRA Tutorial (Tax Free Millionaire!)

A complete step-by-step tutorial on how to open and invest in a Roth IRA on your phone with the M1 Finance app. 💵 M1 Finance is currently offering a $30 bonus for signing up and depositing at least $1,000 (offer subject to change, restrictions apply) 💵

Sign up for an M1 Finance Roth IRA here 👉 https://www.roadmapmoney.com/m1

What's in this video?
This video walks through each step of opening a Roth IRA account, including signing up, selecting the account, selecting investments, and funding the account. At the end, I walk through how to set up an automatic recurring investment as well.

While there are some great choices for Roth IRA accounts (I also have a Roth with Vanguard), M1 Finance makes it easier than almost any other company to sign up and start investing in a Roth. They also don't charge any fees (like, none), and offer index funds from Vanguard, Schwab, Fidelity, and other top investing firms. So you're not stuck only investing in one company's funds, you can pick and choose.

M1 also gives users access to individual stocks, as well as pre-made investment portfolios from experts, so you can truly customize your investments.

I am an affiliate partner with M1 Finance, and if you sign up using my referral link, I do receive a commission. This helps support the channel, and allows me to continue growing this channel, so thank you so much to anyone who chooses this.

I am not your financial advisor, and the contents of this video are for educational and entertainment purposes only. Please do your own research before making any investing decisions (DYOR). The video is accurate as of the posting date but may not be accurate in the future.

00:00 Intro
00:59 How to Become a Millionaire
01:33 Step 1: Sign up for M1 Finance
02:02 Step 2: Download the M1 Finance App
02:20 Step 3: Sign in to the app
03:07 Step 4: Create an Investing Pie
04:50 Step 5: Open Roth IRA Account
05:18 (Optional) Create a Custom Pie
07:47 Step 6: Connect your Bank
09:41 Step 7: Set up Recurring Investment
11:29 Outro

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The website: https://www.RoadmapMoney.com/
More About Me: https://www.RoadmapMoney.com/about/
Our Story (Quit 6-Figure Job To Travel Full Time): https://www.RoadmapMoney.com/i-quit-m...

What is Roadmap Money?
I’m Jacob Wade, the Founder of Roadmap Money! I am a husband, father, and former full-time RVer!

RoadmapMoney.com was created out a passion for helping you create a PLAN for your money and helping you keep more of it.

By budgeting and investing wisely, we have:

Lived on $14 an hour and STILL saved money
Enabled my wife to be a Stay At Home Mom
Paid off over $40,000 in debt
Grown our net worth from negative to over 6 figures
Quit my six-figure job and travel the country for over two years!

Subscribe to this channel to follow along!

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Want to get in touch?
Email: jacob :at: roadmapmoney.com