- 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: "Real" value of a Roth IRA
Posted on 1/30/13 at 12:22 pm to rsande2
Posted on 1/30/13 at 12:22 pm to rsande2
I contribute to a 401K and started maxing out a traditional IRA
I know I don't get the tax diversification that the roth provides but I don't care
I still have some money leftover for savings after I contribute to the retirement accounts. As long as all 3 accounts keep growing, I think I'll be alright. I like working and will probably work until I reach 70 or so.
By that time I'll have whatever savings, SS income(probably not much), and 2 retirement accounts to draw from.
I know I don't get the tax diversification that the roth provides but I don't care
I still have some money leftover for savings after I contribute to the retirement accounts. As long as all 3 accounts keep growing, I think I'll be alright. I like working and will probably work until I reach 70 or so.
By that time I'll have whatever savings, SS income(probably not much), and 2 retirement accounts to draw from.
1
Posted on 1/30/13 at 9:31 pm to Powerman
quote:
I know I don't get the tax diversification that the roth provides but I don't care
I still have some money leftover for savings after I contribute to the retirement accounts. As long as all 3 accounts keep growing, I think I'll be alright. I like working and will probably work until I reach 70 or so.
No offense but this makes zero sense to me.
Why would you keep dumping cash into a savings account with taxable earnings when you could use a Roth as a savings account for all intents and purposes with the money growing tax free??
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News