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Use of a Roth IRA or Roth 401(k) is a simple, straightforward, and opportune use of your discretionary income to prepare for retirement. - PowerPoint PPT Presentation
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Roth IRA or Roth 401(k) for Frugal Investors
Use of a Roth IRA or Roth 401(k) is a simple, straightforward, and opportune use of your
discretionary income to prepare for retirement
Preparing for retirement is a financial obligation that must be met with the same resolve as dealing with
other financial obligations such as daily living expenses.
The following are key reasons that using a Roth IRA or Roth 401(k) can help the most frugal investor get on the right track to a secure and prosperous retirement.
Opening up a Roth IRA or Roth 401(k) you are only paying taxes upfront with the growth of investments
inside these vehicles, including both interest and capital gains, being tax-free.
If you can only contribute small amounts at a time, there are discount brokerage firms that have no minimum
on amounts to be invested in Roth IRA or Roth 401(k) accounts.
The brokerage firms that charge a fee keep that fee within an affordable range of $500 to $1,000
