Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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Please put at least one word relevant to the post in the post title.
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Let's play the rich get everything. The rules are the rich get everything. participation is mandatory. (lemmy.world)

submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]

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Did I say mandatory? I meant optional! You're "free" to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!

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[–] [email protected] 2 points 2 months ago (1 children)

There is a big maybe on whether Roth is better than traditional IRA/401k.

My kids are at the age where they are making those bets now. So I made a hugely complicated forecasting tool to forecast which would be better.

I think it really comes down to your view on future tax rates.

Your mileage may vary.

[–] [email protected] 1 points 2 months ago

I think it really comes down to your view on future tax rates.

Unless you're banking on a 0% tax, the ROTH is hard to beat. Compound that by the Traditional IRA being taxed at the normal rate rather than the capital gains rate, and there's very little reason to use it unless you're really bullish on tax cuts in the long term.