My in-laws have not prepared well for life after work. They have asked me to help them.
Specifics:
- married, file their taxes jointly
- both are working, earning combined $85k/yr
- they plan to work another 5-7 years
- they would be putting away $200-250/mo to start
- house is almost paid off - they are prioritizing this now
- no other debt
My instinct is to help them open a Roth. Is that the best option?
Submitted January 18, 2019 at 07:14AM by waneandwax http://bit.ly/2FIrzdO
