If you want to retire a millionaire it doesn’t take as much as you think.
In fact, it may only take you $6,000 (per year) or less actually.
A Roth IRA is a type of retirement account that is funded after-tax and grows tax-free. Unlike traditional IRA’s that are funded with pre-tax income and you pay taxes when you retire. With a Roth IRA, there are several advantages of doing so that range from tax breaks to easy early withdrawals.