Comments on: Retire With $2,583,307.74 in Roth IRA http://rothiraexplained.com/retire-with-258330774-in-roth-ira.html Everything And More About Roth IRAs Thu, 20 Nov 2008 12:58:47 +0000 http://wordpress.org/?v=2.6.3 By: thomas http://rothiraexplained.com/retire-with-258330774-in-roth-ira.html#comment-12 thomas Sun, 22 Jul 2007 03:48:12 +0000 http://rothiraexplained.com/retire-with-258330774-in-roth-ira.html#comment-12 yeah, that's a pretty simple formula used. it doesn't take in account the maximum contribution increases coming up or the $500 "inflation" cover costs. If you play your cards right, that buying power will be enough to fuel your retirement. Assuming you have the mortgage paid off, no credit debt, and are just using the money to fund your trips to Vegas and AC. yeah, that’s a pretty simple formula used. it doesn’t take in account the maximum contribution increases coming up or the $500 “inflation” cover costs.

If you play your cards right, that buying power will be enough to fuel your retirement. Assuming you have the mortgage paid off, no credit debt, and are just using the money to fund your trips to Vegas and AC.

]]> By: alex http://rothiraexplained.com/retire-with-258330774-in-roth-ira.html#comment-5 alex Fri, 22 Jun 2007 18:38:41 +0000 http://rothiraexplained.com/retire-with-258330774-in-roth-ira.html#comment-5 You could actually donate more than $4K as you get past 50, also they will probably raise the maximum contribution to adjust for inflation. You could actually donate more than $4K as you get past 50, also they will probably raise the maximum contribution to adjust for inflation.

]]> By: Lazy Man and Money http://rothiraexplained.com/retire-with-258330774-in-roth-ira.html#comment-4 Lazy Man and Money Fri, 22 Jun 2007 16:35:35 +0000 http://rothiraexplained.com/retire-with-258330774-in-roth-ira.html#comment-4 Too bad it will only have around $791,930 of buying power at that point, factoring in inflation. Also a properly diversified investment plan would probably have difficulty making 11% a year. In any event, it's still good. Too bad it will only have around $791,930 of buying power at that point, factoring in inflation. Also a properly diversified investment plan would probably have difficulty making 11% a year. In any event, it’s still good.

]]> By: » Weekend At Ocean City, Week Of Good Reads on Blueprint for Financial Prosperity http://rothiraexplained.com/retire-with-258330774-in-roth-ira.html#comment-3 » Weekend At Ocean City, Week Of Good Reads on Blueprint for Financial Prosperity Fri, 22 Jun 2007 14:54:46 +0000 http://rothiraexplained.com/retire-with-258330774-in-roth-ira.html#comment-3 [...] Retire with $2,583,307.74 in your Roth IRA. Enjoy this post? Please subscribe to the RSS feed! Read more in Personal Finance | 1 [...] [...] Retire with $2,583,307.74 in your Roth IRA. Enjoy this post? Please subscribe to the RSS feed! Read more in Personal Finance | 1 [...]

]]>