this post was submitted on 03 Oct 2023
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[–] TAG@lemmy.world 1 points 1 year ago

Also, from what I have read, there are income limits to contribute to a ROTH IRA. So, you would have to be making a moderate income but still have plenty left over to invest (so very low cost of living).

IRAs (ROTH or regular) are meant for people who don't have an employer sponsored retirement plan.