Invest In A Roth IRA

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👨‍💼Brian Feroldi is an author ( investor, YouTuber, and financial educator. He’s been investing in the stock market since 2004. Brian likes to buy and hold the highest quality companies he can find.

👨‍💼Brian Stoffel is a writer, investor, YouTuber, and financial educator. He’s a teacher at heart. Brian has been investing for over a decade and has written over 4,000 articles for The Motley Fool. Brian plans his life and his investments around “antifragile” principles.

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20 COMMENTS

  1. Wish it was taught more for young kids to start investing ASAP. You miss out on so much potential by not investing in your late teens/20s. Most people lose like 10-15 years of compounding due to not knowing the benefits of just being in the market long term. I’m 27 and feel like I missed out heavily not investing in the tech boom the last 10-15 years but you learn from these things.

  2. This doesn’t even factor in that the maximum annual rate will increase over time. The 30-40 year range specifically will be much higher as the increased contributions will have more time to grow.

  3. One thing to remember is the tax component of a ROTH. You pay taxes now and not later, so if you are a high earner now you will pay more taxes on ROTH than 40 years from now when you actually retire and pull money out. Not good to put all in a Roth if you are a high earner.

  4. Roth IRA and 401k are identical as long as taxes stay the same(unlikely). Only advantage with a 401k is you get to look at a bigger number for years before it's taxed back down to reality. Either way contribute as much as you can for your retirement and your family's well-being 🙂

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