Re: Convert IRA into ROTH IRA?
you never know what your income will be when you retire. and how the tax rates will be. you might have all capital gain income and it might not be taxed at all in the future or taxed alot. what if we change to a sales tax for federal income tax. who knows
basically for most folks its best to be in what you can put the most away. for me i like what i can put the most away tax free now. ill worry about taxes when i retire. i dont know what they will be like and deal with them then.
but overall in life save at least 10% of what you make, and spend on things that go up in value over time.
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