Retirement Accounts: The 5 Stages of your Roth IRA (Full-Lesson)

by | Nov 13, 2022 | Roth IRA | 1 comment

Retirement Accounts: The 5 Stages of your Roth IRA (Full-Lesson)




Schedule a 1-on-1:

Get all you questions answered this comprehensive Roth IRA training program including… “What type of investments should I be buying with my Roth IRA?”, “Can I buy Crypto Currency with my Roth IRA?”, “How are my distributions taxed?”

Scott McLaine, BrightWealth Host and Academy Instructor answers these questions and more, in this comprehensive video lesson on your own Roth IRA.

* “Am I allowed to day-trade the funds inside my Roth IRA?”
* “Can I buy Crypto Currency with my Roth IRA?”
* “How are my distributions taxed?”
* “What type of investments should I be buying with my Roth IRA?”
* “How Do I Use The “Backdoor”?”

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Schedule a 1-on-1:

Lesson Chapters:
0:00 Introduction & Overview
2:13 Stage 1: OPEN your Roth IRA
5:03 Stage 2: FUND your Roth IRA
14:08 The “Backdoor” Provision
18:08 Stage 3: INVEST your Roth IRA
24:12 Stage 4: GROW your IRA
38:01 Stage 5: Take INCOME from your Roth IRA
40:27 The “5 Year Rule” for Withdrawals
44:07 The 5 Year Rule for Conversions
46:20 Closing

For over 20 years I’ve been in the professional development space and found that many people don’t understand personal finance management and wealth building basics. It’s almost a mystery to them…

For most of us, it’s because the class was never taught.

Saving for retirement with a Roth IRA can be a mystery. In this video, we take a deep dive into each of the 5 stages that a Roth IRA goes through, so you can better understand how this powerful investment vehicle can work for you.

As will all investment options, there are pros and cons to the Roth IRA. Please use this video as education content only.

See also  Retirement Talk with Ruby🐶: Don't Make These Mistakes When Converting to a Roth IRA

*** IMPORTANT DISCLAIMER ***
Nothing in this video should be considered as personal advice for you specifically. You should consult with your financial advisor before making any investment related decisions.

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1 Comment

  1. Steven Obrien

    Stage 3 and no mention of using index funds for investing in the the stock markets? Lol. Excellent low cost and simple which is soooo important in long term wealth building.

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