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ROTH accounts seem like they really don't pay back much (I think I am drawn to higher risk and higher yield investments).

I think you are confused about what a Roth is (or maybe I am confused about your post?). It's just a brokerage account where you put money to invest. The only difference is when you sell stocks for a gain you don't have to pay taxes on them. You could invest the money into high risk penny stocks that may triple in value in a week if you want to, that is up to you.

You are correct that once you hit a certain income you can no longer contribute to your Roth. That is why it is imperative you contribute all you can while you can. I will hit in income limit in two years, which is why I am maxing out my Roth and my wife's Roth every single year for now.

BTW, I'm about the same age as you.
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