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Personal Finance and Investing

customerserviceguy

(25,185 posts)

19. Not yet, will be 64 later this year

Reply to progree (Reply #18)

Tue Jul 30, 2019, 10:57 PM

Jul 2019

And I'm in a low enough tax bracket that a Roth IRA wouldn't make too much sense.

Let's just say I have a fairly good situation compared to most retirees. And I feel I got there by saving money rather than risking it.

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20 replies

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Highlight:

How Different Generations Think About Investing [View all] NeoGreen Jul 2019 OP

The millenials customerserviceguy Jul 2019 #1

And of course you've lost out completely PoindexterOglethorpe Jul 2019 #2

I probably would have lost customerserviceguy Jul 2019 #3

"but never makes new lows. At least not since 1933." progree Jul 2019 #4

Ahhh, thank you. I had only ever looked at the Dow since the 1920s or so. PoindexterOglethorpe Jul 2019 #6

S&P 500 has made 218 all-time highs since 2013 progree Jul 2019 #5

Thank you for that. PoindexterOglethorpe Jul 2019 #7

Sounds like anybody getting in now customerserviceguy Jul 2019 #9

Nobody thinks it's a "sure thing" who knows anything about it. progree Jul 2019 #10

Anybody who had a hundred dollars customerserviceguy Jul 2019 #11

I survived the 1987 crash, the dotcomm and the housing bubble crash, and after each crash, the stock progree Jul 2019 #12

Well, the dot-bomb customerserviceguy Jul 2019 #13

Had you kept the money invested, you would be doing quite well progree Jul 2019 #14

Like I also think I said customerserviceguy Jul 2019 #15

If you don't need to draw upon your savings/investments in retirement, then fine. progree Jul 2019 #16

My plan is to withdraw customerserviceguy Jul 2019 #17

Do you have to take required minimum distributions (RMD's) on your IRA progree Jul 2019 #18

Not yet, will be 64 later this year customerserviceguy Jul 2019 #19

The Roth IRA makes sense in any tax bracket progree Jul 2019 #20

+1 CountAllVotes Jul 2019 #8