Hey ya'll! So I got married, and am now a stay at home parent for the financial health of our household. I used to work in retail and had a 401k but cashed out during the early stages of the pandemic in connection to a family emergency.
My question is: What do we do now??? I've only ever known of 401k's and retirement investing in relation to work. But now that I'm not working and all the money from my old 401k is spent is this something we should be saving for?? I've done some reading on Roth IRA's and other avenues but I haven't noticed anything from the perspective of NOT actively working?
Hubby and I are in our mid 20's, and I feel that this is the best time for us to at least consider this since we aren't currently saving for any big purchases (car, house, ect). Our kiddos are small enough that, for the moment, we aren't spending other expenses on things like childcare and extracurricular activities.
Any links or tips are greatly appreciated! Thanks!