No 401(k)? Here's Why You Shouldn't Sweat It
There's a reason so many people take advantage of 401(k) plans. Not only do these accounts come with generous contribution limits, but many of the companies that sponsor them also match worker contributions to different degrees. Or, to put it another way, you could be in line for several thousand dollars a year in free money just by kicking in enough from your own paycheck to snag your employer match.
But not everyone has access to a 401(k). If you work for a company that doesn't offer one and you're not self-employed, you won't have the option to save in one. But that's not something that should be a point of concern. In fact, you can still set yourself up for a wealthy retirement even if a 401(k) is off the table.
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Source Fool.com
