No. of Recommendations: 3
All your points are well taken, but the thing that struck me is that at my age, I have a choice of investing through a standard brokerage account (depositing post-tax money and paying taxes on all gains) or I can put that same money (up to 6K per year) in a Roth and pay no taxes on future gains. In both accounts, I have no limitations on withdrawals. I just realized these facts a month ago and am glad I did before April 15 so that I was able to get my 2011 contribution made. Before I realized this, I was wary of putting too much in "retirement" accounts because of the mistaken idea that I would be penalized for withdrawals prior to "retirement". But the trigger for no-penalty withdrawals is 59 1/2 and 5 years of having a Roth, not "retirement". It was a revelation for me.
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