Mark Kohler shows how to build $1 million tax-free in 10 years by contributing $69,000 annually through a Roth strategy that includes keeping a spouse on payroll. Assumes 8% annual returns. A married couple could reach $2 million.
You'll have a million dollars of roth money in 10 years. So you start right now, you put in 69 grand and you keep your spouse on payroll for just nine more years and put in an additional 69,000 every year, you're going to get 8%. Compound it annually at the end of those 10 years, you'll have a million dollars, tax free. And for married couple that are in their 40s or 50s, and they're like, we don't have much retirement set aside, this is where you lock it down. And both of you could do this now you've got 2 million in Roth money.
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