Unlike a traditional IRA, roth retirement accounts offer a unique tax advantage, allowing you to take tax free distributions. Many people argue that a roth IRA is the best way to become a tax free millionaire while only contributing $6,000 per year.
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Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly…(read more)
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Do you have a roth IRA?
You don’t have to wait till 70 years old to withdraw from your Roth. You can start withdrawing after 59 1/2 years old. Right?
Really like the layouts of your vids!
Fantastic explanation! Money Mom sent me. Just subscribed! Thanks!
Thank you, Chris! Money Mom sent me and I have really learned some good stuff today. Have a great day 🙂
All of your vids are bangers I swear. Keep em coming!
Sent over from Money Mom's channel!! This was a great explanation!!
Yes, I've got one:)
I have a traditional IRA but have been maxing out the past 3 years ! TAX DEFFERED BABY! Keep in touch bro!
Dang bro great video! I just opened a Roth, time to find it Monday 🙂
I love it
Love me some Roth IRAs! Great stuff as always, Chris!
Great information Chris. Keep it up.
Chris, can you do a video to what people should do if you are older and have not investing.
Very informative!
Great video man. Important video.
With a contribution of $6,000/year, all you need is good stock that pay dividends in a Roth-IRA and patience.
Thumbs Up! Excellent information.
This is what I’m talking bout! Great vid bud. Love the Roth!
My Roth IRA is such a source of joy! Our income dipped drastically this year (scary), but the silver lining is that my husband and I were both able to contribute to our Roth's (an awesome feeling). I've had mine since I was 17. Retirement is way less stressful when you start your investments and compounding interest early. This is such a great overview and a real service to your viewers. Thank you for sharing! p.s. my favorite investments are "set it and forget it" sorts of index funds (Vanguard total stock market index, etc., just like you mention). I feel no stress about it. Glad you're recommending the same. Low fee is the way to go!
Retirement is super important. It's 9ne of those things you just can't "wing it " and hope to he ok. Traditional and Roth IRA is a good place to start. Thanks for the great info!
Unfortunately people spend more time planning vacations than retirement.