Episode 144 | When Should I Put Money Into My Roth IRA?

22 de mar. de 2023 · 23m 28s
Episode 144 | When Should I Put Money Into My Roth IRA?
Descripción

A listener wants to know if it is better to put a lump sum into his Roth IRA at the beginning or end of the year. Art’s answer becomes, not...

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A listener wants to know if it is better to put a lump sum into his Roth IRA at the beginning or end of the year. Art’s answer becomes, not just about Roth IRAs, but emergency funds as well.

Notes:

  1. Your emergency fund should be a relatively stagnant number.
  2. Removing money from your emergency fund should be for emergency purposes only.
  3. We recommend putting 15% of your gross income toward retirement every time you get paid.
  4. If you have a lump sum, it is usually best to invest at one time instead of spreading it out.
Resources:

ChristianMoneySolutions.com

Certified Christian Financial Counselor
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Autor Art Rainer
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