Taxes are often one of the biggest expenses retirees incur. With our progressive tax system, theoretically, the more you make, the more taxes you must pay. One of the biggest exceptions is income in your Roth IRA. Keep reading as we share how you can save $70,000 or more in this type of retirement account every year. This retirement income strategy could make you a Roth IRA millionaire. Picture your parents or grandparents complaining about the huge amount of taxes they are stuck paying on their IRA distributions and how this level of taxable income increases their Medicare premiums and…

In the world of financial planning, few strategies have garnered as much attention and intrigue as the “Thiel Strategy.” Named after Peter Thiel, the co-founder of PayPal, this approach leverages the unique tax advantages of Roth IRAs by investing in high-growth, illiquid assets like startup equity. The essence of the strategy lies in funding a Roth IRA with assets that, while initially undervalued, such as founder’s stock, have the potential to appreciate significantly over time. In doing so, investors can potentially generate substantial tax-free wealth within their retirement accounts. Understanding the Thiel Roth IRA The core of the Thiel Strategy…