Roth vs. Traditional. It’s a debate as old as time. Well, not really – but it’s an important financial planning question.
Most of the time, I’m a big advocate for the Roth for most people. How come? With a Roth, you literally save more money.
Yes, but Jon, what about the optimal strategy where you put money into a traditional account, retire early, and then do Roth conversions at a 0% tax bracket?
While that is truly an awesome strategy. But, it’s not for most people. At the end day, getting most people to save money is a struggle. Most people simply aren’t saving enough money. Putting $5,500 in a Roth over a traditional account means more money for retirement.
We talk about this benefit of Roth accounts – and others – in our most recent podcast. I hope you get something valuable from listening to it.
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