<prompt> Human: Tldr: Basically the title. If someone can only contribute 10 dollars a week, would it still be worth it to open a IRA Roth? Where would you recommend opening the IRA?Long version:Im 24 and on a pretty tight budget. I already contribute 12 of my income to my 401k Roth with a 3 company match, and I squirrel away about 100 dollars a month into a savings account. After that and all the bills are paid I have about 75 dollars a week left over for what I call lifestyle money. Anything not technically a necessity comes out of this money, as does new clothes. So coffee, eating out, birthday gifts, books, etc. Some weeks all of the lifestyle money gets spent. Like this week when I bought new shoes and fall jacket Some weeks Im a homebody and it doesnt get touched. Some weeks its a little more than 75 dollars because I had to stay a bit late at work. It varies.Im trying to work up to saving 15 of my income for retirement. This lifestyle money is the only thing to add to the savings pool, but on weeks where I spend all of it, the thought of reducing it worries me. I would prefer to have it be a little flexible, that way if I need an extra couple dollars to pay for something, I have it. Im thinking about opening an IRA rather than increasing my 401k contribution. I would try to put in about 10 dollars a week, reducing the lifestyle money to 65week. On the slow weeks I could put away more. And on the expensive weeks I could not contribute and have the extra 10 dollars. Would this be worth the hassel? Is there anywhere I could even put this money away where it wouldnt cost me money in the long run from fees? Can I even open an IRA with such a small amount? I know the money will add up to something worthwhile in the long run, but where do I put it in the mean time?  <response>: 10 a week is 520 a year. If you kept that up until retirement at 65, with an average of 7 annual growth, youd end up with 119,408 in your IRA. Thats assuming you always stuck to only 10 a week rather than starting to max it out once you earn more money, in which case the benefits would be even higher. 