Reply to Explain like I'm 5... maxing out retirement

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For the ROTH 401(k) option, don't think about it as your tax bracket now vs later....[b]think about the fact that all the growth of your money will be tax free.  You will likely have double, triple, quadruple amount of money  that will NOT be taxed.  [/b]  And there are no Required Minimum distributions with a ROTH.  [/quote]

Once again, a PP fails basic math.  If you devote the same amount of money to a traditional 401k and a Roth 401k, and your tax rate remains the same, you will have exactly the same amount of money.

This is middle school stuff, people.  If you want to screw up your own portfolio, fine, but don't give incorrect advice to others.  [/quote]

You are so confidently wrong. But not interested in debating. [/quote]

Please go look up order of operations, and then get back to me using the parameters in my earlier post.  Oh, but you're "not interested in debating" - translation, not quite so sure of yourself.  [/quote]

Lol @ order of operations. Thanks for your concern but I am sure of myself. Anyone who thinks there is only one right answer is wrong 99% of time. [/quote]

Math doesn't change, PP.  FFS.

As I said, there are reasons to chose a Roth option over a traditional 401k/IRA.  But believing that your Roth portfolio will be bigger isn't one of them (again, assuming you devote the same amount of money to retirement savings, and your tax rates remain the same.)

You're just making yourself look stubborn and not very bright.  Please stop.  [/quote]

New PP here (not one of the two of you arguing about this).

Respectful suggestion: why don't you each show your math and governing assumptions, rather than talking about it?  That should make it very easy to sort out where the disconnect is.[/quote]

DP but look at the “tax rates stay the same” example of this link—

https://smartasset.com/financial-advisor/traditional-ira-vs-roth-ira[/quote]

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