Should I invest in both a Roth IRA and a taxable brokerage account for retiring at 52? › Forums › The Savings Spot This topic is empty. Viewing 4 posts - 1 through 4 (of 4 total) Author Posts August 11, 2024 at 8:06 am #101056 Reply USER Is it wise to put money in a Roth IRA and a taxable brokerage account if I’m planning to retire at 52? Or would it be wisest to just put money in a taxable brokerage account? I make $60k a year as a teacher. I’m not rich. August 11, 2024 at 8:07 am #101057 Reply Steve You want both, but figure out how you’re going to bridge between 52 – 59.5, and what you’re doing for healthcare. August 11, 2024 at 8:08 am #101058 Reply Allison You’ll probably want a mix, or do IRA until you’re closer then brokerage to cover the gap years. But also note you can withdraw the principal from your IRA penalty free after it’s been in there 5 years. Check into the 5 year rule more if interested. August 11, 2024 at 8:09 am #101059 Reply Seiko We are doing the same. Maxing out the Roth and the rest goes to the brokerage. We decided not to contribute to 401k because my husband’s 401k doesn’t even have any match and no Roth401k, either. Author Posts Related Topics:Should I purchase VMFXX through my taxable account, Roth IRA, traditional IRA?What should I do with my raise money to avoid lifestyle inflation?Will a new Fidelity brokerage account show in the same portfolio?Should we reduce retirement contributions and invest more in a taxable account?When you begin withdrawing from a brokerage account and you have zero other income, is the withdrawn amount considered taxable income?Is my retirement strategy optimal, and are there better investment options? Viewing 4 posts - 1 through 4 (of 4 total) Reply To: Should I invest in both a Roth IRA and a taxable brokerage account for retiring at 52? Your information: Name (required): Mail (will not be published) (required): Website: Submit Spread the love No related posts.