News for hackers. Stuff that matters.
Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank by sp332 on Friday June 25, 2021 @09:30AM (#27630533)
Yeah sorry for being cryptic. It's 20 years compounding at 7% per year. Scenario one: take your starting investment, subtract 20% for taxes, then do the compound growth. Scenario two: take your whole starting investment, do the compound growth, then subtract 20% of the result.

It's totally possible that I missed modeling some part of the situation that somehow makes more money from the Roth way of doing things. But the models above produce the same results.

There are no comments on this comment yet.