66 • MARTIN H. RUBY
The money needs to grow. The account has to get bigger and bigger as the years go on. It has to get big enough that I can fund my entire retirement from it. The money needs to be safe. When the market drops or our economy stumbles, the account shouldn’t suffer. Any- time I want to retire, the money — all of the money — should be there for me. It needs to be flexible.
Sometimes there are good reasons to take funds out before retire- ment. Sometimes there are good reasons to put extra funds in. I just don’t want all these IRS strings attached to it. It needs to grow tax-free. I don’t want to pay taxes on all the earnings in the account. It needs to be low-cost. I hate paying expensive fees. It’s a good list. No, it’s a great list, and it overcomes all the risks we’ve outlined in this book: • Growth and protection overcome market volatility • Tax-free overcomes the tax risk • Flexibility and low fees overcome the structural risk So I shared my research with her. Together, we looked at each common way to save for retirement to see if it could achieve all these goals.
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