Roth IRA, Traditional IRA, 401K » putting away http://www.iraroth.net IRA Questions and Answers Mon, 26 Jul 2010 00:31:48 +0000 en hourly 1 http://wordpress.org/?v=3.0 My mother always said when I was growing up that if I put $1,200 away each year in a Roth IRA that by the time I was retired I will be a millionaire. Is this true? http://www.iraroth.net/2010/02/my-mother-always-said-when-i-was-growing-up-that-if-i-put-1200-away-each-year-in-a-roth-ira-that-by-the-time-i-was-retired-i-will-be-a-millionaire-is-this-true/ http://www.iraroth.net/2010/02/my-mother-always-said-when-i-was-growing-up-that-if-i-put-1200-away-each-year-in-a-roth-ira-that-by-the-time-i-was-retired-i-will-be-a-millionaire-is-this-true/#comments Wed, 03 Feb 2010 00:14:37 +0000 admin http://www.iraroth.net/?p=211  

Or should I be putting more away? I’m currently 23 yrs. old and I’ve already put away 2,600 since I opened the account when I was 21 yrs. old.

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