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2:56
YouTube
J3 Strategic Wealth
Roth IRA Calculator - Exponential Impact that Contributing Young Can Have on Retirement Savings
This video focuses on the Roth IRA calculator. We run through situations where young adults - 18 years old, for example - can maximize their Roth IRA contributions of $7,500 in 2026. If they maximize their contributions every year until retirement, the gains are exponential, even when compared to investment options external to a Roth account ...
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LINK IN BIO to download my Investment strategy for my 2026 ROTH IRA contribution. Max it out as soon as possible or set up monthly contributions. Make sure to purchase investments in the account. Diversify your investments and avoid heavy concentrations in one category. I broke up my $7500 into this allocation. 10% Total stock market 30% Global stock market 30% Dividend focused 30% S&P 500 Comment ROTH or click the link in bio to download a pdf if you’d like to know what funds I chose. #investme
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IRAs are Individual Retirement Accounts that you open on your own as long as you have earned income. Roth IRA contributions are made with after-tax dollars. The money grows tax-free, and withdrawals are tax-free in retirement. There are income limits: single filers must earn less than $161,000, and married couples filing jointly must earn less than $240,000. You must have earned income to contribute. Traditional IRA contributions use pre-tax dollars, offering immediate tax deductions. The money
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