Hello,
I’m 27 and considering starting my Roth IRA. Everything about having a tax advantaged account sounds great, however, I have a very shaky health record. It doesn’t seem likely that I’ll live to 59.5. Obviously, I would have to take the 10% earnings hit/tax penalty(am I understanding that correctly?) if I withdraw before 59.5.
Would it make more sense for me to just invest money in an ETF and pay capital gains tax whenever I sell?
Is there any case where it would be more beneficial for me to contribute the max to my Roth IRA for the next 15-20 years or so rather than just invest in an ETF like SPY outside of a Roth IRA and pay capital gains tax in 15-20 years when I sell?
I would appreciate any sort of guidance
Submitted July 16, 2021 at 04:40AM by speedco https://ift.tt/3iksjaw
