2
My dad told me to put $50 from every paycheck into a Roth IRA starting at 22, and now at 35 I have over $40,000 I can actually touch.
He said the tax-free growth was the key, and I'm glad I listened even when that money felt tight, so what's one piece of simple advice you got that actually paid off years later?
2 comments
Log in to join the discussion
Log In2 Comments
dakotab135d ago
That "tax-free growth" part is so real. I read a blog post years ago that broke down how a Roth IRA is basically paying your future tax bill now, when your rate is probably lower. Sticking with it when money's tight is the hardest part, but seeing a number like $40k must feel amazing.
1
faithb765d ago
How do you even pick a blog to trust on that stuff? I mean, I get the logic of paying taxes now, but what if your rate isn't actually lower later? It's a total gamble. Still, hitting a big number like that has to make the stress worth it.
1