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5 Things You Can Do Now To Improve Your Financial Security For Retirement (continued)

July 17, 2009 on 11:00 am | In Baby Boomers, Investment Advice for Women | 6 Comments

Here is step 5 of what every Baby Boomer woman should do now to create financial security for retirement…plus a final word.

5. Open a Roth IRA.

Hedge Your Bet Against Future Higher Taxes-By Having More than One IRA. A Roth IRA uses after-tax money to build it and gives you more options in how you take money from your retirement savings after your retirement. With both a regular IRA and a Roth IRAs, you can choose whether to withdraw either taxable or non-taxable income in a given year, or a mix of both, depending on the income and the tax rates you will face that year. Continue reading 5 Things You Can Do Now To Improve Your Financial Security For Retirement (continued)…

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