Reply To: Question: Which is better, the regular IRA or the Roth IRA?

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#136750
Shadeseeker
Participant

I understand that we can’t know the future, but I’m 50 and I’ve JUST started saving for retirement (I know, bad girl) and I know with relative certainty that I will be living on Social Security and whatever I can save between now and the time I’m 70. So, knowing I’ll be pretty poor, should I just forget about the tax benefits of a Roth because they may not be a real help to me and just go for the tax write-off of the traditional IRA and contribute that tax benefit to my retirement savings? Thanks so much, I haven’t seen this question answered anywhere.