Is it possible to become a millionaire while investing $5,500 a year? Yes. It is! In this video, I explain what a ROTH IRA is and how you can become a millionaire by passively investing until retirement!
ROTH IRA's are perfect for teenagers and young adults or those who are in the lower half of U.S. income tax brackets. The whole point of ROTH IRA's is to pay income taxes upfront so that when you are ready to retire at age 59.5, the money that you withdraw from your ROTH IRA account will be completely UNTAXED!!!
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