So I'm about 23 and because of my expenses, I have about 700 dollars extra a month. I don't really need it so I plan on investing it. My question is, if I plan on investing and then drawing from the dividends as I get older, would I be putting this into just a basic vanguard account or would I be putting it into some type of 401k IRA? I have a basic Vanguard account where I buy the mutual funds but whats the implications of the taxes with both?