With my wife transitioning to a stay-at-home mom role, how can we save so she can retire? She won’t be able to contribute to her 401k and I don’t think we qualify for a Roth IRA based on my income.
What are her other options? Simply save some money and do our own investing?
Edit: We’re in our late 30s. My 401k is maxed out; her 401k isn’t. Don’t know for certain if she’ll re-enter the workforce eventually. Our plan is she will eventually but I’m interested in retirement savings for either eventuality.