Reply to How much did you save for retirement in 2022?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Around $100,000 in 401k, megaroth, Roth, [b]hsa, iBonds. [/b]Nevertheless, we’re down for the year.[/quote]

Reading comprehension failure. [/quote]

Wrong. YOU don’t know how the rich use HSAs (which is a tax advantaged retirement account). You can use it for ANYTHING after age 62 and will only be taxed like a traditional IRA. Simpletons use HSAs for actual health care costs as they use them. The very rich (or at least the savvy) use it as a retirement planning tool.

[/quote]

Still wrong. Paying off a mortgage may or may not be a retirement planning tool but it has nothing to do with saving for retirement. Fail ^^[/quote]

Ibonds. 😂[/quote]

I’m the PP who posted about HSA and iBonds for retirement. I don’t plan to withdraw the triple tax free HSA until I’m retired so I count that as retirement savings. I also don’t plan to withdraw iBonds until retirement and those are tax deferred until you withdraw as well as state tax free. I don’t think I failed to comprehend.[/quote]

you fail to differentiate the difference bw retirement savings and savings. [/quote]

What’s the difference really? If there is some tax advantage or if it’s specifically a “retirement” account? PP could just save extra in the brokerage account and call it retirement savings too.[/quote]

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