8 Comments

1. 

   DavidE on January 17, 2023 at 9:12 am

   Is principal a trustworthy company? Seeing a lot of bad reviews

2. 

   treyb1e 0dte God on January 17, 2023 at 9:12 am

   why have money spread out when it will compound and grow faster together in 1 account ?

3. 

   Justin Rhinesmith on January 17, 2023 at 9:12 am

   Wondering why you decided to go with the Target Date Fund rather than your own personal selection of ETFs. I’ve had a Vanguard Roth IRA for the last two years and have 5 different ETFs and 1 bond etf. Would you consider selling these off and simply throwing it all into a target date fund? Thanks (ps: currently researching Series I Bonds as well lol)

4. 

   T J on January 17, 2023 at 9:12 am

   Chiming in in something you said: you cannot pull earnings out of a Roth IRA tax free prior to retirement but you can pull your contribution tax free after 5 years. If you take the earnings early (even after 5 years) you will have to pay a penalty. There are exceptions, but the general rule. Here's a reference https://www.schwab.com/public/schwab/investing/retirement_and_planning/understanding_iras/roth_ira/withdrawal_rules

5. 

   Jacob Price on January 17, 2023 at 9:12 am

   Looking forward to seeing updates throughout the months/years to see how much your portfolio grows, great work!

6. 

   Jake B on January 17, 2023 at 9:12 am

   are you involved with the real estate platform Fundrise? Ive been looking into it recently

7. 

   Steve A on January 17, 2023 at 9:12 am

   You have a great attitude – "The market is a bit down right now, I guess I'll put in some extra hours this week" 😉

   Tax diversification like you mentioned is a good thing. Build both your taxable and non-taxable accounts and assume at the rate you are going now, you will be in a higher tax bracket in the future (because you are pulling out more money of course!). If you have both types of accounts to pull from, you can control your taxable income to minimize tax burden after retirement.

8. 

   nateb19 on January 17, 2023 at 9:12 am

   From what I have read it ends up being about the same if you do traditional or Roth 401k. If you do pretax that’s more money compounding in the market for you. After tax less money to compound but no taxes. Ends up being about the same.