Yesterday I came home early (not that getting up at 5:30 to do that was easy) to meet the roofing guy. I’d seen light in a weird place in the attic, and wanted a pro to take a look. He found that the roof was ok, but some carpenter bees had found a home. Nothing that needed work right then, thank goodness.
I could have rested with that, but I also spent some time on the phone converting my IRA to a Roth IRA. I could only do it this year or next due to Jill being a student right now, and a future tax free fund (as opposed to an IRA or 401k that are created with tax free dollars, then you pay taxes when you take out the money) will help with retirement.
Other than cooking, wrapping gifts and walking the dog, that marks the end of responsible behavior this weekend. Now a heavy diet of movies, comics, TV and papers.
I’m not sold on the whole Roth IRA concept. I’m unconvinced that the law won’t change (again) between now and retirement. I think that at somepoint the massive gov’t debt is going to come due, and everything is going to get an extra helping of tax, including retirement accounts. I’d rather have a 401k get taxed once than have a Roth IRA ripe for a second taxing.
Also, I’m amused that your blog form has made the category ‘Wives’ a plural.
Well, it’s not a huge pile of money, used to be a 401k at another company, and I think it goes under not putting all my eggs in one basket. If I had to make a prediction, it would be of Social Security benefits getting hacked instead of retirement accounts getting hit.
Umm, I made Wives a plural. Everything else was plural, and you never know…