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There is only one way I know of to be 100% certain you'll have enough in retirement. It is to work until you die. The second best way, although not 100% certain, is to continue to invest, which gives you the opportunity to grow your retirement fund, giving you a better chance to beat inflation and meet your needs. Of the two choices, I pick the second.


However, as someone who has managed his own IRA investments for many years, I hasten to point out that investments in your IRA are like money from heaven -- UNLESS YOU DO STUPID THINGS IN THERE. (If you manage to pee it away on dumb investments, it's gone. Pffft.)

Explanation: You can increase whatever you have in your IRA as much as your wits and skills and luck will let you, and you will pay NO taxes on anything you earn in there, until you take it out. When you withdraw anything, you may pay taxes, depending in how much you withdraw, other sources of income, SS income, etc.

Think about that.

Say you start with $50,000 in your IRA and manage to shift some or all of it into various investments that then grow that boodle to $500,000, still all within the IRA. You owe NO taxes on any of that "profit"! However, after age 59-1/2, if and when you choose to withdraw all or part of that money, you WILL be taxed then, depending on your overall total income level, SS income, and other factors.

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