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Home invest in investing living frugal what to invest in Why should I contribute to a Roth IRA/401k over a traditional IRA/401k if when I retire my income is small or nonexistent?

Why should I contribute to a Roth IRA/401k over a traditional IRA/401k if when I retire my income is small or nonexistent?

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So this is probably a dumb question or one I'm not thinking about correctly, but I've always wondered why I should contribute to a Roth over Traditional IRA or 401k if my income now (I'm 26 and make 70k salary and contribute to a Roth IRA and Roth 401k) is larger than when I retire and have zero income because I'm retired? What am I missing? Thanks for enlightening me.



Submitted July 15, 2017 at 09:44AM by BillNye69 http://ift.tt/2uuzdDV
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