http://www.pmoa.net/2006/02/06/funding-your-roth-ira/ everything about nothing Fri, 03 Feb 2012 04:49:04 -0800 http://wordpress.org/?v=2.8.5 hourly 1 http://www.pmoa.net/2006/02/06/funding-your-roth-ira/comment-page-1/#comment-27074 usaa web » Funding a Roth IRA Sat, 23 Oct 2010 16:24:25 +0000 http://www.pmoa.net/2006/02/06/funding-your-roth-ira/#comment-27074 [...] 11.pmoa.net » Funding Your Roth IRA Since the Roth IRA works as a compunding account, the money will compound the interest with the investments that you make. So if you deposit it earlier in the year with a lump sum, you could technically make a little more money than depositing it monthly or bi-weekly. http://www.pmoa.net/2006/02/06/funding-your-roth-ira/trackback/ [...] [...] 11.pmoa.net » Funding Your Roth IRA Since the Roth IRA works as a compunding account, the money will compound the interest with the investments that you make. So if you deposit it earlier in the year with a lump sum, you could technically make a little more money than depositing it monthly or bi-weekly. http://www.pmoa.net/2006/02/06/funding-your-roth-ira/trackback/ [...]

]]> http://www.pmoa.net/2006/02/06/funding-your-roth-ira/comment-page-1/#comment-92 Blair Tue, 07 Feb 2006 21:35:46 +0000 http://www.pmoa.net/2006/02/06/funding-your-roth-ira/#comment-92 Double Tru my friend... any free money is good money! Double Tru my friend… any free money is good money!

]]> http://www.pmoa.net/2006/02/06/funding-your-roth-ira/comment-page-1/#comment-91 Perry Tue, 07 Feb 2006 01:13:31 +0000 http://www.pmoa.net/2006/02/06/funding-your-roth-ira/#comment-91 I completely agree with that. But we have to look out for no social security when we retire. I honestly think we won't have it. And some of us will still be paying off school debt! Our generation has far outpaced our parents in debt readiness. So therefore our saving habits have to change. But a million tax free will help! Combine that with a 401(k) and we are golden. I completely agree with that. But we have to look out for no social security when we retire. I honestly think we won’t have it. And some of us will still be paying off school debt! Our generation has far outpaced our parents in debt readiness. So therefore our saving habits have to change. But a million tax free will help! Combine that with a 401(k) and we are golden.

]]> http://www.pmoa.net/2006/02/06/funding-your-roth-ira/comment-page-1/#comment-90 Blair Mon, 06 Feb 2006 22:26:42 +0000 http://www.pmoa.net/2006/02/06/funding-your-roth-ira/#comment-90 Not that a million isn't bad, and by all means investing as such is the way for all of us to go. But, look at what a million could buy you 40 years ago compared to now! While the cost is slumping now, housing is a good example, as it is in itself an investment. In 1965 you could buy several huge houses for a mil. Now, that'll get you one larger house (or a one bedroom on the beach in san diego...hehe) Since the 60's the value of the dollar has dropped about 10 fold - think about what you could buy for 10 cents... soda, magazines, a couple candy bars etc. Now, each of these things will cost you at least a buck if not more. And, if you think that the cost of things have been pretty much steady in the past 20 years... think about telephone calls, tolls, stamps... all of which were a quarter or less when we were kids and are now approaching a fitty cent piece each! I'm not arguing with you, just complaining about damn inflation and it taking a chunk out of our retirement funds. Now, the good news is that the % returns you get on your investment are larger than the cost of living increase per year. Therefore, while a mil may not be what it once was, you still made a nice bit o green on your investments. That, and as the dollar slumps the more $ you can put per year in the account, garnering you a bigger final dollar amount. Not that a million isn’t bad, and by all means investing as such is the way for all of us to go. But, look at what a million could buy you 40 years ago compared to now! While the cost is slumping now, housing is a good example, as it is in itself an investment. In 1965 you could buy several huge houses for a mil. Now, that’ll get you one larger house (or a one bedroom on the beach in san diego…hehe) Since the 60’s the value of the dollar has dropped about 10 fold – think about what you could buy for 10 cents… soda, magazines, a couple candy bars etc. Now, each of these things will cost you at least a buck if not more. And, if you think that the cost of things have been pretty much steady in the past 20 years… think about telephone calls, tolls, stamps… all of which were a quarter or less when we were kids and are now approaching a fitty cent piece each!
I’m not arguing with you, just complaining about damn inflation and it taking a chunk out of our retirement funds. Now, the good news is that the % returns you get on your investment are larger than the cost of living increase per year. Therefore, while a mil may not be what it once was, you still made a nice bit o green on your investments. That, and as the dollar slumps the more $ you can put per year in the account, garnering you a bigger final dollar amount.

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