Where to Save for Early Retirement? - 408
Your Money, Your Wealth
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How to Make a Roth IRA-Contra, Roth 403b Contribution?
At 45, a couple could save about $3.2 million in all deferred and still retire at 55. The only tricky part is there's very little money to pay the tax; you've got to figure out how to afford it. I think the easiest way to do it is to switch everything into Roth IRA-Contra or Roth 403b contributions. If your kids are going to be going to college at the same time you retire, that sometimes doesn't feel the best because all this saving seems like it's going to pay for college.
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