Roth IRA/401K Question

[Account Closed]

Hello BP, I just wanted to see how many of you utilize retirement accounts like the Roth IRA or the 401K or is Real Estate is the only retirement avenue you guys use. Thank you.

Ruslan

[Alexander Gondolfi]

@Ruslan Pislar

After maintaining my 6 month emergency fund, funding my Roth IRA is my first priority. Currently, I'm 24 and the short term tax cuts are only going to last for so many years. With the huge government debt, taxes probably aren't going down in the foreseeable future. I'd much rather pay taxes today than in the future where there's a very high chance I'll pay a higher percentage rate as well as have more money to pay taxes on.