Comment on 3 Mistakes Americans Make With IRAs

3 Mistakes Americans Make With IRAs

We aren't wired to think about retirement. For 99.9% of history, we worked until we died. And before the Agricultural Revolution (still just a fraction of our existence away), we had a tribe we could count on to take care of us in old age. Thus, the government has incentivized us to change our behavior -- to actually save for retirement.Both Traditional and Roth IRAs are prime examples of these incentives.

 

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