The most common question that I get from folks is whether or not they should use a Roth IRA Worksheet for their investments. There are many reasons why the Roth IRA Worksheet might be used and to some people it may seem like a very simple method of investing.
My biggest problem with a Roth IRA Worksheet is the fact that the main reason you are going to invest in it is to learn how to save for retirement. There are two things to keep in mind here.
The first thing that is important is that you will be using the Roth IRA for the sole purpose of saving for retirement and not as a way to make money. By following a Roth IRA Worksheet you will probably end up wasting more money than you have spent.
In addition, you are going to be investing more money in the Roth IRA Worksheet than you will ever need to actually retire. That is not a good idea. Instead, you should take the time to find a better way to save for retirement.
So when do you use a Roth IRA Worksheet? If you are not going to use the retirement portion of it, then it will be fine.
If you are going to use it to build your nest egg, then you may want to look into using a customized investment tool to help with those aspects of the retirement plan. One of those ways is called the Roth IRA Retirees Workbook. This is one tool that will help you generate your retirement portfolio in no time flat.
The next reason that I would recommend not using a Roth IRA Worksheet is if you are going to be adding other investments to your retirement accounts. A Roth IRA Retirees Toolbox will let you add the right investments to your retirement plan that will generate a lot of cash over the years.
And finally, a Roth IRA Worksheet is only a guideline and it is best to use a Roth IRA Retirees Toolbox to build your nest egg. In many cases this tool will be able to help you multiply your retirement nest egg much faster than the guidelines that you are using now.
