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re: Roth IRA- is it considered a liquid asset

Posted on 1/15/13 at 11:22 am to
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 1/15/13 at 11:22 am to
That is news to me, and as a Roth is my primary plans for retirement, good to hear.



My only reservation over using a Roth as an emergency funds is how badly you are short changing yourself on potential tax free growth.

Very few legal tax shelters left.

Why not take full advantage of one offered
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 1/15/13 at 11:24 am to
I personally put 2% of my checks in a savings account, and 3% into a taxable stock account for my emergency funds

That way, things are really dire if I get into my Roth
This post was edited on 1/15/13 at 11:25 am
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