Rocket Dollar
Tap a star to rate
Rocket Dollar enables young adults to open a self-directed IRA or Solo 401(k) with just $1 as a starting balance, then invest those retirement savings into alternative assets beyond traditional stocks and bonds. The platform provides checkbook control over the account, meaning you can write checks directly from your IRA to fund real estate deals, private loans, or other non-traditional investments. This approach appeals to entrepreneurs and alternative investors who don't fit conventional brokerage offerings.
Most useful for self-employed young professionals or side-hustle builders wanting to shelter non-standard investments in a tax-advantaged account. The low minimum makes early retirement planning accessible regardless of income level, though the platform requires hands-on knowledge of alternative investing rules. Not a beginner budgeting tool, but a powerful option for young adults with entrepreneurial plans.