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re: Help me with my IRA understanding
Posted on 10/28/17 at 7:33 pm to Lickitty Split
Posted on 10/28/17 at 7:33 pm to Lickitty Split
IRA is just a place to put money. If you invest the max amount yearly in the IRA in a total stock market fund, you'll likely be a millionaire in 30-40 years. Historical returns of something like 7-8%.
You could also keep your money in cash, bonds, etc.
You could also keep your money in cash, bonds, etc.
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