I'm confused1?

I dont understad nothing abour IRA, IRS, retirement fund! It is so confusing. I'm in high school and fear that i wont learn how to manage money later when I graduate from college

Dont worry you will, its good that you are asking these questions while you are young. IRA (Individual retirement account) is a retirement fund basically there are 2 types. A good book for you to read is Suze Orman which provides answers to every question every beginner has. I had the same feeling come over me when I was your age, but unlike others who just blow their savings and live paycheck to paycheck you have the courage to ask questions.

I am impressed that you even know about an IRA. Most teens have no clue and don't care. Read some books. Ask any librarian or Google "IRA" on your browser and you will be informed before you know it. Invest all you can as soon as you can. Whatever company you will eventually work for will also have info on your investment options. I GUARANTEE you will retire a millionaire. Good luck.

addition to run amok's reply google individual retirement account, if you google ira you may get a lot of stuff on the Irish Republic Army.

You can go to a web site such as troweprice.com and read about the different types of investments. and the different types of retirement accounts. I said trowe but you can use any finance firm..Butler wick for instance.

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