“I would have it in brokerage first, and then I'd have it in IRA second and Roth third.”
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Said on Retire Sooner with Wes Moss
Cody Garrett · ChooseFI | Financial Independence Podcast · 621 | The Math Says You're Fine. Why Don't You Feel Fine? | Cody Garrett
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set up automatic $600 monthly contributions to a Roth IRA
$600 per month
“I would have it in brokerage first, and then I'd have it in IRA second and Roth third.”
“You can set up a TRIS with 300,000... then roll back your existing one... accounts got 600,000 and then you start a new one with 600,000”
“The rule of thumb is brokerage money first, then retirement money or IRA money… then we let the Roth crock pot bake as long as it can because it’s tax-free.”
“If you're looking to make sure that you get all your money in, don't get confused with the IRA deadlines... employee contributions must be by year-end.”
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