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Subject:  Re: Roth investing/withdrawing at 60 Date:  3/15/2012  10:27 AM
Author:  ziggy29 Number:  70356 of 80385

>> I tend to disagree <<

Couldn't tell. This is actually one of the most anti-Roth arguments I've ever heard, which surprises me. Yes, it's not always the best choice for people, but you make it sound like a borderline scam. Anyway, point by point:

>> You are correct about being able to withdraw all you want tax free. But if you bury gold in the backyard you can take out all you want tax free. The point here is the money you invest in the Roth was taxed before if went in -- so the only "saving" you have is for taxes on the net gains in your Roth. <<

So? Conventional IRAs and 401Ks are fully taxed when withdrawn, so the only "saving" is the added compounding from the tax deferral (which Roths also have, by the way). How does this make Roths worse?

>> #1 Roth's have value if the goal is to pass money the Roth owner will not need to the next generation without taxes. (But keep in mind estate taxes don't happen on over 90% of the estates.)

Otherwise they have no value? I know you didn't sway that but your language choice here makes that a logical inference. That's far from true.

No other value? Here's a hint that has a LOT of value for some: no RMDs.

>> #2 Assuming the Roth owner is going to use/spend