Why should I contribute to a Roth IRA/401k over a traditional IRA/401k if when I retire my income is small or nonexistent?

So this is probably a dumb question or one I'm not thinking about correctly, but I've always wondered why I should contribute to a Roth over Traditional IRA or 401k if my income now (I'm 26 and make 70k salary and contribute to a Roth IRA and Roth 401k) is larger than when I retire and have zero income because I'm retired? What am I missing? Thanks for enlightening me.

Submitted July 15, 2017 at 07:44AM by BillNye69
via http://ift.tt/2uuzdDV


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s