FIDELITY ROTH IRA ACCOUNTS FOR THE AVERAGE JOE (2021)

by | Jul 29, 2022 | Fidelity IRA | 38 comments

FIDELITY ROTH IRA ACCOUNTS FOR THE AVERAGE JOE (2021)




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FIDELITY ROTH IRA ACCOUNTS for the Average Joe:
You know that you are supposed to be saving for retirement. You hear it on the news, it is all over the internet, you hear it from your friends and co-workers, but did you know just how amazing the Fidelity Roth IRA account is for your future retirement? In this video we will talk about Traditional IRA accounts and Roth IRA accounts to discuss the differences and we will also review how you can become a TAX-FREE Millionaire one day with a Fidelity Roth IRA Account.

6 FIDELITY INDEX FUND STRATEGIES FOR THE AVERAGE JOE (2021)

00:00 INTRODUCTION
00:56 THE PROBLEM WITH SAVING FOR RETIREMENT
01:50 WHAT EXACTLY IS A retirement account?
03:00 TRADITIONAL VS. ROTH IRA ACCOUNTS
06:21 ROTH IRA RULES & REGULATIONS
08:39 WITHDRAWING MONEY FROM YOUR IRA
09:48 WHAT IS POSSIBLE WITH A ROTH IRA?…(read more)


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38 Comments

  1. Jupiter G. Dickson

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    I recommend her to all interested and serious beginners.

  2. Jose Soto

    I subscribed!

  3. Clyde Reid

    Hi Average Joe. I subscribed to your page. I have a question. How do you move/change your Roth allocations? I am too aggressive and want a more conservative allocation. Thanks.

  4. She invests

    Opened one today. Great vid!

  5. A L

    Is that excel spreadsheet available to download?

  6. Sam Sar

    subscribed!! question….when i open a roth ira account, can i add 50, 000 from the get go to the roth ira account and than pay the usual 500 a month to maxout to 6000?….or when i open a roth IRA account i can only start adding 500 dollars a month?…thank you so much!

  7. Rakesh Bidhar

    I subscribed. Probably the best explanation of Roth IRA. Thanks!

  8. Nicholas Muzyka

    Let's say I choose the index fund snp500 like you have on this video, every time money goes into the account do I have to choose what I'm investing in again or will it always go into that SMP

  9. MrStangdawg

    Makes no sense to limit savings based on salary.

  10. Lauren Oliveira

    Hmm any issue opening a Roth IRA to contribute the max each year if I already have a 401k and 403B with my jobs?

  11. rosa benitez

    Hey I have question so if I don’t work but I am married and my husband works am I able to start the Roth IRA I opened the account and everything and it let me but I want to know if I will have issues later on just because I don’t work

  12. Ling Burch

    Subscribed!

  13. Wesley Hall

    Just subscribed

  14. Knightdreamer 75

    I subscribed and Me and my cousin will be opening up a account soon with fidelity

  15. Wooin Jung

    Thank you for another great video! Question: Which is better for the ones who do not have income. Would IRA or ROTH IRA?

  16. Allison Wright

    I have seen so many videos and I get confused even more, I wanna

    start my retirement plan and I clearly do not know how to

    go about it. I heard of Roth IRA but I need to know

    more. Any good advice/ideas will be great.

  17. La Mi

    Subscribed! Should spouses have the same or different index funds in their Roth IRAs? Or does it even matter? Would it help to offset losses when one large cap in one portfolio isn't doing well? Also, would it help to vary ratios in our portfolios? As in one 30/30/30/10 and one 50/20/15/15? And maybe one portfolio be more aggressive with growth stocks? I know it's mostly a matter of preference but any guidance would be greatly appreciated! PS. Thank you for you videos!

  18. Nika12

    I subscribe

  19. Prachi G

    I subscribed!

  20. mun live

    Is it better to make a contribution to the roth-ira account and invest it all at once or split it into 12 months?

  21. J M

    Subscribed! Wish I had seen this video years ago but, thankful I found it today

  22. Xander

    Is QYLD available with fidelity ROTH IRA?

  23. Paulo Loura

    What are the best short term funds? Thanks

  24. Joseph Lyons

    One of the rules mentioned was you had to have employment compensation. Is this just for opening the account? What if you are employed when you open one, but later are unemployed.. is the account at risk?

  25. Nick Cavanaugh

    Question for married couples can they both have the option of maxing out if they are under the 125k limit?

  26. RL2 Productions

    Can someone explain to me what the difference between a Roth IRA and stock investing is? I think the difference is in the tax advantages right? You pay taxes on stocks and not on a Roth IRA. Let me know if I am wrong. Thanks!

  27. Ali Brewer

    I subscribed to your channel

  28. Carlos Alvarez

    I am 19 years old and currently in college. I plan on opening a Roth IRA account. I don’t know anything about investing and what should my portfolio look like ? Thanks very much

  29. YanJustin

    Hey sir, what if "one day" I quit my job that I've been working for awhile and being jobless and in search of a new one. Will I be able to keep my roth ira and my contributions while I look for another job? I made a rollover ira from a previous job and plan to make a roth ira now and possibly my "one day" comes by again.

  30. Sasha Smith

    So if we make too much, there’s no options to invest?

  31. C Penick

    I subscribed!! Thank you the info. Starting my Roth IRA really soon.

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