<prompt> Human: So recently Ive gotten better about my spending and actually have some funds left in my account. My cousin suggested I set up a Roth IRA. My question is how do I go about that? All I really know is that its mainly for retirement.  <response>: Heres Schwabs IRA page. Vanguard gets thrown around a lot but I prefer Schwab because their funds have no minimum investment and their fees are the lowest. Put it in the appropriate target date fund. 