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Old 12-03-2005, 11:28 PM
Scotty O Scotty O is offline
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Join Date: Sep 2004
Posts: 128
Default Re: Why would I want to open an IRA?

My only advice is to start investing taxfree as young and as much as possible. The difference between starting to invest tax free at the age of 20 and 30 is incredible. It could be the difference of 2-4 Million dollars by age 60.

If I could drop 40k into an SEP-IRA at a young age I would have done so.

Good Luck
Scotty O
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