If you are wanting to save up for your future and avoid taxes on that money in the future, the first thing you should think about is funding the Roth IRA. If you max funded your Roth for 40 years, how much money would you have saved for retirement?
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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results….(read more)
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
Hi awesome as always. Very helpful. Where do I purchase a vanguard index fund after I maxed out my vanguard Roth with vtsax and my wife’s vanguard Roth with Vbtlx both maxed out at 7000 each per year. Where or how can I purchase vtsax now. Thanks
Can I contribute to my Roth IRA after age 59 1/2, and with drawl some money the following year? If I started contributing to the Roth more than 5 years ago?
It is a mystery of the universe that schools don’t teach useful stuff like this.