|
12-30-2012, 06:36 AM | #2 |
Starter
Join Date: Nov 2008
Location: Duh
Casino cash: $4673537
|
I actually use all 3
|
Posts: 286
|
12-30-2012, 06:50 AM | #3 |
When a nightmare becomes real
Join Date: Nov 2003
Casino cash: $806966
|
Why all 3? (Roth vs traditional)?
__________________
http://www.goemaw.com |
Posts: 47,020
|
12-30-2012, 07:35 AM | #4 |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
Casino cash: $6384952
|
Taxable, Tax-deferred, Tax-free.
All 3.
__________________
|
Posts: 35,705
|
12-30-2012, 07:38 AM | #5 |
Spiraling down the Drain
Join Date: Oct 2012
Location: Dante's Ninth Circle
Casino cash: $1140588
|
Use em all. You can't have to much to retire on. Save every nickel you can.
__________________
"We're both part of the same hypocrisy, Senator, but never think it applies to my family." "Fredo. You are my brother, and I love you. But never take sides against the Family again. Ever." 2019 Adopt a Chief - Travis Kelce #87 |
Posts: 32,546
|
12-30-2012, 07:39 AM | #6 |
Starter
Join Date: Nov 2008
Location: Duh
Casino cash: $4673537
|
Excuse me, converted traditional to a Roth years ago. Taxes won't ever be lower.
|
Posts: 286
|
12-30-2012, 07:53 AM | #7 | |
Supporter
Join Date: Aug 2000
Location: Spink, SD
Casino cash: $-176238
|
Quote:
Unless of course our brilliant politicians decide you got by too easy and decide to partially tax it later. |
|
Posts: 39,186
|
12-30-2012, 08:01 AM | #8 |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
Casino cash: $6384952
|
If you're not already old () $5k/year is not enough for retirement, which is why all 3 are necessary.
__________________
|
Posts: 35,705
|
12-30-2012, 08:09 AM | #9 |
Veteran
Join Date: Feb 2012
Location: DE
Casino cash: $9755019
|
Are there any studies out there that show the percentage of the population and average age when people use up their retirement savings?? Point being, saving is very important but for most of us health issues will tap us dry eventually. Your takes?
I have two Roths, and a traditional. |
Posts: 3,818
|
12-30-2012, 08:19 AM | #10 | |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
Casino cash: $6384952
|
Quote:
__________________
|
|
Posts: 35,705
|
12-30-2012, 08:33 AM | #11 |
DT CARD COLLECTOR
Join Date: Mar 2002
Location: ManCave
Casino cash: $10005837
|
I'm sitting in Jupiter, Florida right now. 90 miles north of Miami, just moved our son down here.
Me and my wife are about 15 years from retirement age but I'm thinking about the cash out option. Sell everything we own in cold, snowy Iowa and move down here and even if we gotta work, we will be in paradise and feel like we are already most of the way retired. This town is amazing!
__________________
667 Different DT cards and counting |
Posts: 7,574
|
12-30-2012, 09:23 AM | #12 |
It was not a fair catch
Join Date: Aug 2012
Location: Correcting papers
Casino cash: $1082630
|
Who gets to retire?
Hopefully, one of my kids will marry well or become famous.
__________________
#investigatecarlcheffers |
Posts: 38,312
|
12-30-2012, 09:33 AM | #13 | |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
Casino cash: $6384952
|
Quote:
__________________
|
|
Posts: 35,705
|
12-30-2012, 09:47 AM | #14 | |
Supporter
Join Date: Aug 2000
Location: Spink, SD
Casino cash: $-176238
|
Quote:
And yes, I'm getting to the point I'm paying quite a bit attention to this stuff. I've thrown money into a traditional 401 since their inception and for me it makes sense to load as much now as I can into a Roth. And thanks for pointing out my, uh, 'learned sophisitcation'. |
|
Posts: 39,186
|
12-30-2012, 10:00 AM | #15 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $71900
|
I heard the DC has some good retirement advice. I would probably go like this.
Take all your money out of stocks/investments and go full liquid assets and invest in gold. Burry the gold you have just bought in your yard or some secluded place. This will be your bartering tool once doomsday hit. Quit you day job and move to the country. Start growing crops and your own animals. Start a self sustaining life. Build an entire shed to fill with non-perishable food for doomsday. But protect this shelter with land mines. Your next investment from the money you have liquidated from investments should be to build a bunker house to be used when economic collapse hits. Also invest in as many guns as you can find. This should be your retirement plan. And to you, good luck.
__________________
2024 Royals game thread record 3-0 |
Posts: 46,134
|
|
|