No. of Recommendations: 0
>>>>I really think it may be wise for us to have some money in a taxable account even if we don't fully max all the retirement accounts we have access to.<<<<<

That is a good idea.

The taxable account can be used for anything without penalty.

Also the taxable account would taxed as LTCG where many retirement accounts (sans Roth) are taxed as OI.

The Good thing about the penalties is that it keeps one from blowing it on bull$hit.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
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.