IRA Help for a Professional Poker Player
First of all... why the hell would I want to open an IRA? I tried to ask this is Internet Gambling and everyone was running around with their head cut off.
I'm not willing to concede that as a self-employed individual I will be making less between 60-70 years of age than I am now. It's definitely not a certainty.
Also, if someone can convince me to open an IRA and why, what is the best kind to open?
I make between 150-250k per year. I don't own a home (yet). My savings are low for my yearly earn. I maybe have 40k in liquid assets as of now.
Help?
Edit: I tried to search. That was useless.
Also, why wouldn't I want to just take the money and invest it on my own. Then I don't have to worry about some stupid 10% early withdrawal fee in case I need the money?
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