LemmyKnowsBest@lemmy.world to Personal Finance@lemmy.mlEnglish · 1 year ago

If I start a Roth IRA in a couple weeks, and keep contributing $7k per year to it, for years & decades, When will it pay off? When can it be money for me to spend?

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If I start a Roth IRA in a couple weeks, and keep contributing $7k per year to it, for years & decades, When will it pay off? When can it be money for me to spend?

LemmyKnowsBest@lemmy.world to Personal Finance@lemmy.mlEnglish · 1 year ago

5

And does it multiply while it’s invested in the Roth IRA?

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1 year ago
59.5 years old. Got it.

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