<prompt> Human: Hi,Im a new grad, 27, who just started a 70000 gross job. No debts, pretty low bills rent, phone, groceries, car, etc.. My employer has fairly good benefits, with 5 match, so I will definitely be contributing 5 or more towards 401k. I will make enough that I can contribute andor max out the 5.5k annual limit for a Roth IRA. Should I set aside an amount each month for a Roth IRA? I asked my parents for opinions who didnt start a Roth IRA until later, but they said I should just contribute to 401k for now, until later in lifecareer. However, every PF advice says that the earlier and more you save for retirement, the better. Also, should I wait and see how the 401k investment pans out in the next months, before contributing more andor opening a Roth IRA? Unfortunately, I know little to nothing on investing, besides that Roth IRAs allow more investment freedom than 401k which are employer sponsered, so for now, I will probably let my employer guide my choices in funds.Thanks.  <response>: fwiw, Roth IRAs didnt exist until 1998 so they werent even a consideration for you parents when they were your age. 