No. of Recommendations: 1
My far from humble opinion is that IRAs of all stripes are for retirement regardless of what shenanigans the law may allow. "Can" doesn't mean "should."

And the OP is not saying he is planning on tapping his Roth for any reason other than an emergency. In an emergency, it is nice to know that someone "can" do something. In fact knowing that you "can" remove funds from the Roth, even if perhaps you "should" not, may be what encourages you to put the funds in there at such an early age.

IP
fully funding the kids' Roths from paycheck #1
Print the post  

Announcements

Useful Resources
Our Home Center has all you need to make buying and owning a home a great experience. Get or refinance a mortgage and much more!
Buying/Selling a Home FAQ

Mortgage Professor
Offsite resource for mortgage questions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement