Just a thought for you. Roth IRAs are betting on higher tax rates in the future, IOW when you are forced to cash out after age 70, the taxation will be a higher %. Paying taxes now and none later would be a good thing. However, your need for cash now is probably more than when you retire, and if tax rates decline, you are losing out with a Roth. It all depends on your needs.
Just a thought for you. Roth IRAs are betting on higher tax rates in the future, IOW when you are forced to cash out after age 70, the taxation will be a higher %. Paying taxes now and none later would be a good thing. However, your need for cash now is probably more than when you retire, and if tax rates decline, you are losing out with a Roth. It all depends on your needs.
Gabe
Just a thought for you. Roth IRAs are betting on higher tax rates in the future, IOW when you are forced to cash out after age 70, the taxation will be a higher %. Paying taxes now and none later would be a good thing. However, your need for cash now is probably more than when you retire, and if tax rates decline, you are losing out with a Roth. It all depends on your needs.