1 in 3 Americans Have $0 Saved for Retirement (2016)

Re:1 in 3 Americans Have $0 Saved for Retirement (2016) by carbocation on Wednesday August 23, 2017 @05:08AM (#15079794)

If you really expect your Roth to be double taxed, why not contribute to a traditional IRA instead?

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Re:1 in 3 Americans Have $0 Saved for Retirement (2016) by icelancer on Wednesday August 23, 2017 @05:41AM (#15079957)

There's some business-related reasons why I don't (I don't yet make enough money in salary for it to matter wrt deductions) but also because I think taxes will be very high when I retire and that my Roth will be taxed at a relatively low rate, subject to some "fees" or something.

I think the Roth will still exceed the value of a traditional IRA (plus it's only $5500/year, hardly huge as I get older and my net worth increases), but I would be willing to bet that the Roth IRA will not exist in the form it does in 20-30 years, and that existing ones will be subject to a tax/fee to make it "fair."

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Re:1 in 3 Americans Have $0 Saved for Retirement (2016) by hkmurakami on Wednesday August 23, 2017 @05:23AM (#15079858)

Because expectation is not certainty.

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