Top Posts Tagged with #retiremnt

#Regram @bigbashleague: Cricket legend Brett Lee announces his retirement from cricket #ThanksBinga #BBL04

#retiremnt #brett lee #retirement #press conference #ig

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Make your Child or Grand-Child a TAX-FREE Millionaire!

If your teenaged child or grandchild is gainfully employed, they can contribute up to $5000 a year to a Roth IRA. The contributions aren't tax deductible, but at the child's low tax bracket it doesn't matter.

Let's say the child puts in $5000 a year between the ages of 16 and 21, and then doesn't contribute another dime. If, over the long-term, the Roth IRA earns 10% on average per year, the child will have $2,556,335.52 at age 65. And that money will be 100% TAX-FREE!

It's on you to teach your kids about the power of time value of money. Help them get off to the right track by leading by example, and encourage them to save $$$ from those early summer jobs.

#kids #money #retiremnt #roth ira #investing #millionaire #tax-free