Roth vs. Traditional IRA
It seems many financial advisers today have a strong opinion about which type of IRA is the better way to invest for retirement. I’m not a financial expert, but I cringe when I hear somebody emphatically state that one type or the other is clearly superior, when it really is not that simple. The correct answer depends on several factors, and I think so-called “experts” are doing a disservice when they try to steer a financial novice like me in one direction or the other without a proper explanation. Please note that I don’t have any fancy initials after my name, so I’m not to be relied on for sound financial advice. This post reflects my limited (and possibly out-of-date) understanding of the subject. continue reading »

