This is a YouTube video titled "Military Doc? Do Roth! #doctor #military #millionaire" containing a monologue or talk focused on financial advice for military personnel, specifically advocating for the use of Roth retirement accounts. The speaker discusses personal experience with military retirement savings and the benefits of Roth options in the Thrift Savings Plan (TSP). The content was created in February 2025.
Most military people should be doing Roth, right? If you're a military doc, whether you're getting out in four years or whether you're going to stay 20 years and get a pension, you've got a very good reason to use Roth. So Roth, Roth, Roth. While you're in the military, almost everybody should be doing Roth. It was really a shame while I was in that you couldn't do Roth. I actually deferred money at 15% while I was in the military and there's no way I'm getting that money out at a lower tax rate or any tax rate near that the rest of my life. It's just kind of unfortunate. It's nice now that that Roth option is there. It should have been added a long time ago. The TSP is great, but they drag their feet sometimes. They're afraid of being trendy, right. And so they wait a decade before they add anything new that comes along in the 401 world.
Physician Takes a Youth Sports Team to the State Championship - MtoM Podcast #236
