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Is It Too Late to Invest in a Roth IRA If We Retire in a Few Years?




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Title :  Is It Too Late to Invest in a Roth IRA If We Retire in a Few Years?
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Comments Is It Too Late to Invest in a Roth IRA If We Retire in a Few Years?



E-Car E-Books
If you're in your 60s, retired, spouse is still working, is it a good idea to contribute to a Roth? Thanks A great show
Comment from : E-Car E-Books


Betty M
I’m wondering if the same goes for me I’m 54 and I’m a retire from one job in 56 years and still work until hopefully my late 60s I’m wondering if I should also still put into a Roth IRA I ❤ that you’re talking about this because most videos are from putting in from way early on and I’m wondering how much would it give you Premont if you did get to put in about 90,000 by the end of your retirement does it give you a check per month?
Comment from : Betty M


Zach
Question I currently have a brokerage account with fidelity with about 58k invested, up a total of about 146 Is it worth taking the tax hit to sell and close this account to open a Roth IRA?
Comment from : Zach


Michael Swami
Can you explain why the Roth pull would generally be the last one? Is it because of required minimum distributions
Comment from : Michael Swami


Timothy Bancroft
If I am completely retired, with no 401k or "earned income", what is the best ways I could start to invest for Grandbabies, myself @ 54 Very little debt here
Comment from : Timothy Bancroft


Rocky Staatz
Should I sue my broker for liquidation of my Roth years ago when I kept staying above there bs limits? I was making a lot of dividends & the companies still pay dividends and more
Comment from : Rocky Staatz


Doctor Horton
This is one of Bo’s responses ever brbrMultiplication still happens after 65brContribute while you have earned income
Comment from : Doctor Horton


1z1r1o
As a 19 year old, what do you guys suggest I do with Roth IRA and how much should money should I put into that account monthly?
Comment from : 1z1r1o


Don OFD
I’m 69 years old, unfortunately I didn’t figure out Roth until 2019 I work part time and put every cent I make into a Roth 401k as well as funding a Roth IRA to the max for my wife who also works part time Unless you have done the math and are positive you will be in a much lower tax bracket in retirement you should be maxing Roth to the top of your tax bracket If I had learned about Roth earlier I would be paying zero tax on my social security, instead I pay tax on 85 of it People tell you your biggest expense in retirement will be medical insurance That’s crap, it will be TAXES! Either wake up and figure it out or find someone you trust to help you I don’t use a financial advisor, but if I was to I would give these guys a shot Been following them for a couple years and they seem straight up
Comment from : Don OFD


M C
Could you define "earned income?" Is capital gains from selling options considered earned income? You do pay short term cap gains tax on it Would any income be considered? I assume income from most dividends isn't considered earned, but there are certain types of dividends that are short term cap gains income sources if that is the differentiator
Comment from : M C


Gumer Zambrano
I'm 22 and want to open up a Roth IRA to Max it out before the year ends
Comment from : Gumer Zambrano


Wnicorn
I'm 38 and I opened a roth Ira through Vanguard earlier this year I was able to put $12000 in it because they allow you to max out 2020 and 2021
Comment from : Wnicorn


Lars VonGraff
if your in your 40's this is a no brainer If you are late 50's what do you think?
Comment from : Lars VonGraff


Demetri Panici - Productivity Coach
I'm glad I got out ahead of this question!
Comment from : Demetri Panici - Productivity Coach



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