<prompt> Human: My sibling has a mental disablility and low IQ he lives with my parents. My parents are responsible and take care of him in the basic sense, but if there is something I can do now to ensure even more financial security for him later in life I want to.My costs are low becuase I have a very great software job that lets me work remotely for a large salary and I also make a non trivial ammount of income writting my own apps. Total my yearly salary before tax is around 150k and I know I am very fortunate to be in this position.My costs per month: Rent: 1000 - might get cheaper, I started this new remote job recently and quit another job and have the freedom to move to a lower rent area. Currently in the bay area Food: 300 Utilities, phone: 300 No car, and I dont really need one soon eitherMy question is, with my brothers youg age 19 how can I strucure an account I can start making deposits to so he can retire wealthy? I am espicailly interested in this idea because at his young age of 19 a retirement account could really blow up from the compounding interest if we start it now. Is this possible, maybe I gift him the money every year and my parents put it in an IRA for him?  <response>: Thats really cool of you to do. Awesome. 