Before we dive in, I want to introduce you to a concept we use regularly with our clients—the Standard of Care. This framework outlines different financial issues and strategies we consider when creating a plan. The video below will be focusing specifically on IRAs—particularly Roth and traditional IRAs.
This is part of a larger video series I’ve created called Financial Planning in 10 Minutes, which I highly recommend watching if you're looking for a quick yet thorough overview of financial planning. But for now, let’s zero in on IRAs—what they are, how they differ, and how taxes play a critical role in determining which one might be right for you.
We’ll go through the tax implications, the timing of contributions and withdrawals, and how these choices can impact your financial future. Understanding the differences between Roth and traditional IRAs is a key part of planning for retirement, so let's get started!
If you have any questions or would like to discuss your financial situation further, please do not hesitate to schedule a call below.
Planning Grid: What You Own and Its Role in Financial Planning
Financial Plan in 10 Minutes
