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Suspicious-Kiwi123 t1_j2f5784 wrote

Reply to comment by AmishDrew in How should I structure my finances to take advantage of having zero debt? by AmishDrew

Because all of your earnings in Roth IRA are 100% tax free. This can and should be significant since you are starting at age 28.

If you maxed out Roth IRA w/ $6500 annually from age 28 to age 67, you would have $3,000,000 tax free at age 67 (at S&P 500 historical 10% annual return)

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