Seems safer to bet that capitalist society won't exist by the 2060s. It'll be either socialism or barbarism by then, and neither look too good for a Roth IRA account or whatever its called
Seems safer to bet that capitalist society won't exist by the 2060s. It'll be either socialism or barbarism by then, and neither look too good for a Roth IRA account or whatever its called
Even if the world ends in 40 years , savings might help with a medical emergency in 10 or 20 years.
Yeah Im not arguing not to save money in general, Im just thinking about retirement plans that you can't access til 65 or whatever, it's been a while since I learned this stuff. My job actually has a half decent retirement plan (thank the union) so im probably just let those automatic payments happen
You can withdraw early (with fees) if you think shit is hitting the fan.
Iirc most of those fees are taxes, so if you leave the USA and don't come back you don't have to pay them
It can be complicated but that's a common hit, so yes. If you're bugging out you can also ignore the fees, since I think you get billed rather than them extracting it during the transaction.