Self Employed 401k options?
I've been self employed for 6-8 years now. Last year I converted from a single member LLC to an S corp. I'm late to investing in my retirement and opened a Roth IRA last year. I put the max contribution of $7,000 last year and planned on doing the same this year. I still feel like I'm behind and was looking at other option to catch up. My friend mentioned that I should be able to get a 401k set up now that I'm an S corp with payroll. I don't have employees, it's just me on the payroll.
If that's true I think I might have a great opportunity to really accelerate my retirement investment.
Question 1: I run a S corp with payroll set up. Can I set up a 401k and would that be better than my Roth IRA?
Question 2: Can my own company match contributions and whats the limit? Also does the company get to write off the matching contributions?
Question 3: How do you get over the emotions of dumping your money into the stock market? I hate the stock market because it's rigged as hell and it feels like there's a bubble that needs to pop at some point. I have shit luck and the seccond I have substantial money in the stock market will be the exact moment another 2008 happens. I feel way better about land, realistate, and other physical assets. However, I've been saying this for 6 years...