@sorensenmat: Imagine this scenario: you're 60 years old, and you have the choice between a $1,000,000 traditional IRA and a $700,000 Roth IRA. Why go with the Roth? Let's do the math. With a 35% total tax burden on that traditional IRA, you're left with just $650,000 after Uncle Sam takes his share. On the other hand, the $700,000 Roth IRA comes out entirely tax-free, with no federal or state income tax implications. It's not about being 'crazy'; it's about making a strategic financial move. In the long run, the $700,000 Roth IRA is more valuable.  Discover how to navigate these decisions wisely in our latest video. Your retirement deserves a meticulous approach. To learn more subscribe to my Youtube: @matsorensen or at the link in my bio and story! #RetirementPlanning #RothIRA #FinancialStrategy #Matsorensen #DIRA #selfdirected #IRA #Directedira #TraditionalIRA #401K

Mat Sorensen

Open In TikTok:

Region: US

Friday 27 October 2023 18:02:02 GMT