A ROTH is great in theory but it all depends on the government not changing the rules. In 20 more years the government is going to be scrambling for income (much worse than today). Anyone that thinks they are going to stand by while rich fat cats draw money tax free hasn't been paying attention the modern rhetoric. Planning for the future is the act of a selfishness and worthy of punishment through increased taxes.
Remember you already paid income taxes on Social Security but its still taxable above certain levels of income. If they would tax their own retirement system why wouldn't they tax the proceeds from a ROTH?
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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