Search Real Decisions & Outcomes

@u_Specific_Escape4987about 2 months ago

1 year later later

retirementRoth IRA

"Considering backdoor Roth withdrawal strategy"

I opened a 3-year-old Roth IRA and did a backdoor conversion, but now I'm unsure about withdrawing the non-taxable principal

What I wish I knew

"I should have waited longer for the account to mature"

Advice

"Be cautious when withdrawing from a backdoor Roth conversion, and consider consulting a tax professional"

8/10 regret

@u_Several_Stable_39912 months ago

20+ years later

retirementinvestment

"Investing in 401K and considering ROTH IRA"

Started investing in 401K at 33, wish I started sooner

What I wish I knew

"Educated myself in my 20s"

Advice

"Consider ROTH IRA and keep investments simple"

8/10 regret