Should You Be Using a Backdoor Roth IRA For Your Retirement? (Roth Conversion Strategy)

This live we discuss the Backdoor Roth IRA concept. We outline:
1. What is a "Backdoor Roth Conversion."
2. Who should be using this strategy.
3. How to fund a Backdoor Roth IRA & the long-term benefits of having Roth money in retirement.

Remember, Financial freedom is a process, not a destination!

Stream starts: 2:02

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Timestamps:
02:02 – Stream starts
03:02 – What is a Roth IRA?
03:55 – Roth IRA vs Traditional IRA
06:54 – The argument for a Roth IRA
08:45 – Different methods for Roth savings
10:54 – The backdoor Roth conversion strategy
13:36 – How often should I be contributing to a Roth?
14:25 – Closing tips for the backdoor Roth IRA

#rothira #rothconversion #retirement