3 ms·

oh i see the pattern like someone making $50k a year to start, but rises to $150k by end of career and whom is planning for a retirement income of the average (

oh i see the pattern like someone making $50k a year to start, but rises to $150k by end of career and whom is planning for a retirement income of the average (100k)... Then a Roth is a good deal when making $50k (at the beginning) and regular is better when making $150k (at the end)... Tricky.

dennisgorelik 10y ago
If you are making $50K/year - it does NOT make sense to save in order to push retirement income up to $100K/year. On the other hand, saving when you have $150K/year income in order to push your retirement up to $100K/year could make sense. (All numbers in this example are inflation adjusted to each other)
taurath 10y ago
Keep in mind Roth is no longer an option after 120k.