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Updated about 3 years ago on . Most recent reply

User Stats

103
Posts
78
Votes
Katie Greenman
  • Real Estate Agent
  • San Antonio, TX
78
Votes |
103
Posts

Contribute to Roth or put that towards real estate investing goal

Katie Greenman
  • Real Estate Agent
  • San Antonio, TX
Posted

Hello,

I am 23 going on 24. I mention my age because I do feel that when discussing a Roth the earliest of your contributions are the most important. My question for you all is if I should continue maxing out my Roth or have that money in a more accessible savings act to use for fueling my real estate investing. I appreciate you guys, thank you!!

Most Popular Reply

User Stats

655
Posts
900
Votes
Damaso Bautista
  • Rental Property Investor
  • Hawthorne, CA
900
Votes |
655
Posts
Damaso Bautista
  • Rental Property Investor
  • Hawthorne, CA
Replied

@Katie Greenman

Whenever I speak to young people, I always advise to max out your retirement account every year.  Live, Scrape and Save from whatever you have left. Invest from the money you are able to save.  There is no magic in building wealth.  Retirements account should be one part of a diversified savings wealth building plan.

Just my opinion.

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