- May 16, 2011
- Greenville, SC via Chicago, IL
Remember, the idea of investing is to buy cheap so you can sell high in the future.. The market being down is your opportunity to make investments in sound companies at bargain prices.
The problem, as I see it with a Roth, is that money you pay out now in taxes is money you cannot invest for the future. Tax deferral is desirable so the money (otherwise gone forever in taxes) is still working for you building value in your retirement accounts.
Who knows what the tax rates will be when you retire. But, you won't be forced to make mandatory withdrawals until you are in your 70s, and then the minimum withdrawals mandated are based on your estimated remaining life.
I don't disagree. What I need to determine is if it's more advantageous for me to pay taxes in the front end of back end....