@socalminh: I opened a Roth IRA for my 11-year-old son Enzo — and it’s doing two things at the same time. 🏠📈 Most people think a Roth IRA is just for retirement. But here’s what nobody talks about — every dollar you put in, you can withdraw penalty-free and tax-free whenever you’re ready to buy your first house. Here’s how Enzo’s plays out: ✅ Starting balance: $16,500 ✅ Max it out every year starting at $7,500 ✅ IRS raises the limit every couple of years — we max that out too ✅ 9% average annual return based on S&P 500 historical average By age 35: 💰 $276,000 in contributions — his down payment, pulled out penalty-free 📈 $657,000 in gains — left alone, still compounding He pulls out every contribution to buy his house. Never puts another dollar in. And by retirement — over $5,000,000. Tax free. One account. Bought a house. Retired a millionaire. This is not financial advice. This is for educational purposes only. Past performance does not guarantee future results. Always consult a licensed financial advisor before making any investment decisions. ⚠️ I will never DM you first or reach out to you directly about anything. If someone contacts you claiming to be me, it is a scam.

doglover9636 :

Where did the $5mil a from??? I’m so confused

Christian Mayes :

I opened a custodial account for my son the day he was born. Best decision I ever made.

Carolina Osorio :

What are the ticker Symbols ?

Patrick :

Please let us know which four ETFs!!

Caleb :

ROTH at 11? Does he have earned income?

FY EYE :

They should teach every kid this in school

elmaschido :

Roth IRA with who? Some companies eat you alive with fees 😳😳😳😳

topsyabbey :

what are the 4 etf you recommend

Xavier :

I did this for my 5 year old last year and it’s working great

shawnsilva87 :

what bank did u open at?

Drawlines Misfits :

o ya I did it too for all 4 of my kids

excuseemmoi :

This is great, but please dont advertise your sons financials. It’s not safe for him.

Troy M :

I thought he has to have an income or make as least the amount he contributes

Jimmy :

Why didn’t anybody do this for Gen X kids

Stylesbychristina 🗝️ :

How do you open a Roth my son is 14. I hope it’s not too late.

gogogadget :

Elon said that we won’t need a savings to live within 10 to 20 yrs.

coco :

nice!!!!!

Neat & Clete :

Why to go 👍🏽

KaiZEN :

Facts

Steven Bell :

intresting**** :

pops out there teaching💪🏾

Carin Agostinelli :

My oldest started one at 16. He is was more knowledgeable than I am about stocks.

𝑁𝑎𝑛𝑐𝑦 | Houston REALTOR® :

Instant follow✨✨✨

benielove :

best dad 💯

Jacki😭 :

Good dad good kid