Q&A: The Roth Decision at Every Income Level (And Why It Matters Now!)
Afford Anything | Make Smart Money Choices
Paula Pant | Cumulus Podcast Network
4.7 • 3.6K Ratings
🗓️ 21 January 2025
⏱️ 78 minutes
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| 0:00.0 | Joe, you know that famous Shakespeare line, to Roth or not to Roth? |
| 0:04.0 | Oh, yes. |
| 0:05.0 | Written so long ago. |
| 0:06.5 | Exactly. |
| 0:07.4 | It was prescient, in fact, that Shakespeare anticipated the creation of the Roth account. |
| 0:14.0 | They say he was a genius, but people didn't know to what level. |
| 0:18.3 | Exactly. |
| 0:19.2 | Well, that's what we're answering today, to Roth or not to Roth, particularly if you have a high income. |
| 0:24.1 | David Lee Roth? |
| 0:24.9 | No. |
| 0:25.3 | Actually, the Roth account was named after William Roth, who was a senator who invented the account. |
| 0:30.5 | I don't like that story. |
| 0:31.4 | I wanted to be named after David Lee Roth. |
| 0:33.3 | Aye. |
| 0:33.6 | Well, I can't help you there. |
| 0:35.1 | But you know what I can do? |
| 0:36.6 | I can intro the show. |
| 0:37.7 | Welcome to the Afford Anything podcast. |
| 0:39.7 | The show that understands you can afford anything, but not everything. |
| 0:43.4 | Every choice carries a tradeoff. |
| 0:45.7 | And that applies not just to your money, but to your time, your focus, your energy to any limited resource you need to manage. |
| 0:52.3 | And this is a show all about optimizing those limited resources. We cover five pillars, financial psychology, increasing your income, |
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