- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: ROTH IRA better than traditional for my situation?
Posted on 12/11/12 at 2:20 am to wegotdatwood
Posted on 12/11/12 at 2:20 am to wegotdatwood
Roth IRA since you are only 24. Go with Traditional as you get older for tax diversification IMO.
If you need some motivation to save, do a TVM problem with PV= $1.4 mil (around 40k/yr in today's dollars for 35 yrs would be reasonable given your income IMO) and assume 2-3% inflation.
That said, you get to give at least half of it away once Texas goes blue in a couple decades.
If you need some motivation to save, do a TVM problem with PV= $1.4 mil (around 40k/yr in today's dollars for 35 yrs would be reasonable given your income IMO) and assume 2-3% inflation.
That said, you get to give at least half of it away once Texas goes blue in a couple decades.
1
Posted on 12/11/12 at 8:06 am to acgeaux129
I'm also looking into a Roth. I'm 1 yr out of college and put 5% into my 401k to get my employee match and usually save 1.5k a month in cash after all expenses.
Who is the best company to go with to open a Roth?
Who is the best company to go with to open a Roth?
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News