Reach the $1m mark on my Roth IRA today. 39M. AMA.

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Is a portion of this from supplemental contributions (MBDR, 401k rollover, etc) or is this from just the annual contributions and outsized (20%?) returns?

smart

If you have a side gig you can set up a solo 401k and divert it in

like

how does it make you feel?

Paranoid that the govt will one day decide to tax Roth IRAs given cratering deficits

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That’s it?

The sun of this math =‘s weak sauce

likefunny

Congratulations!!!! What age do you plan to retire.

Curious how you’re able to contribute the max amount still. Assuming you’re under the income threshold, but given you have $1m in an IRA I find that unlikely.

Wow congrats! I’m 26 and just hit the $100k mark in mine. Where were you around my age in terms of the balance in this account and what your approximate yearly income at that time?

At 26 I think I had less than $25k in Roth.. and my income was 0 because I was in grad school.

How are you still able to contribute as an SMD or is that counting backdoor?

Backdoor

Turns out many people who make a lot of money have a lot of money.

Tax free too 👍

That is huge, congratulations!

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