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My financial consultant doesn't care for Roth IRAs at all. Her philosophy is that she'd rather have all your
money working for you rather than after-taxed money. Opinions anyone?


There are a number of sites (one I've seen is www.vanguard.com) that offer on-line comparisons between conventional and Roth IRAs, based on a simplified set of parameters that you provide -- things like your current tax rate, the tax rate you expect when you retire, etc. I think the Vanguard model calculates a "break-even" retirement tax rate -- the tax rate you would have to get in retirement (applied to a conventional IRA) to equal the income from the tax-free Roth. While the scenarios are very simple, it does provide some basis for comparison. It's not just a case of which tax bracket is higher.

I'd like to see some quantitative justification for your financial consultant's opinion. She may be right for your situation, but not for another.
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