Re: Retirement accounts for students/unemployed?
2007 is still young, and you may have earned imcome yet. As long as you earn income in 2007, you will be able to use your savings to contribute for 2007 up through April 15, 2008.
But as was mentioned in another thread, you will want to wait until you actually earn the amount you will contribute so that you don't have to undo the contribution later.
I would not have anyone adopt my mode of living...but I would have each one be very careful to find out and pursue his own way, and not his father's or his mother's or his neighbor's instead. Thoreau, Walden