Hi,
I am a 28 year old US citizen living and working in South Korea. I've been here for three years and I'm not sure when I'm leaving. For the past few years I've been working on paying off my student loans (about $30,000). I should be finished paying them off in the next few months, and I am getting really concerned with how I want to save my money.
I think most people I know have Roth IRAs, but my foreign earned income is excluded from my US taxes, therefore it's not eligible for contributions to an IRA. I have a Korean pension, which I'll be withdrawing when I leave the country.
Basically, I'm looking for advice. I know nothing about investing and I'd like to do something that is pretty hands off. I am open to all advice and suggestions.
Thank you!
I am a 28 year old US citizen living and working in South Korea. I've been here for three years and I'm not sure when I'm leaving. For the past few years I've been working on paying off my student loans (about $30,000). I should be finished paying them off in the next few months, and I am getting really concerned with how I want to save my money.
I think most people I know have Roth IRAs, but my foreign earned income is excluded from my US taxes, therefore it's not eligible for contributions to an IRA. I have a Korean pension, which I'll be withdrawing when I leave the country.
Basically, I'm looking for advice. I know nothing about investing and I'd like to do something that is pretty hands off. I am open to all advice and suggestions.
Thank you!