Retirement without passive income

[papampasivadu]

1 minute ago, k2s said:

 

daniki Roth IRA account undi ga ! 

roth ira, you still have to wait until you reach 59.5 yrs ga...lekapothe 10% penalty estaadu

[k2s]

23 minutes ago, papampasivadu said:

roth ira, you still have to wait until you reach 59.5 yrs ga...lekapothe 10% penalty estaadu

after 5 yrs contributions can be withdrawn from ROTH IRA ! 

 

[papampasivadu]

2 minutes ago, k2s said:

after 5 yrs contributions can be withdrawn from ROTH IRA ! 

 

you can but there'll still be tax implications and those withdrawals should be your investments and not include your gains...

[Tellugodu]

2 hours ago, FrustratedVuncle said:

5% per annum kinda low. oka 7% - 10% is decent. 
I am investing in S&P 500 every 500/mo for now. Its doing good.

Also look at QQQM bro, this tracks Nasdaq index and gives you the boost needed for long term wealth generation. 

 

[Tellugodu]

This guy is trying to create videos on financial planning for USA Telugu desis, some seems to be worth, especially 401k guide and overview over nuclear energy sector. Check out if you are interested @FrustratedVuncle