Roth IRA vs Traditional IRA | Tax Efficient Investing w/ Brian Martucci (MI220)

Rebecca Hotsko chats with Brian Martucci. In this episode, they discuss how to invest in the most tax advantaged way, what are the different types of tax advantaged accounts and how to decide which to contribute to each year, which types of securities you should hold in each account, how to determine if you should buy life insurance, how to use life insurance as an investment and when you should consider this, what kind of returns you can expect from using life insurance as an investment, and so much more!   

Brian Martucci is a Finance Editor at Money Crashers where he writes about investing, credit cards, banking, insurance and other personal finance topics. 

IN THIS EPISODE, YOU’LL LEARN:
00:00:00 - Intro
00:01:43 - What the differences between a Roth and Traditional IRA are
00:05:39 - How to decide which account to contribute to each year
00:26:17 - Which types of securities you should hold in each account
00:30:01 - When a Millennial may want to consider buying life insurance
00:38:32 - What the different types of life insurance are
00:41:14 - How to decide whether to go with a term or whole life insurance policy
00:44:18 - How life insurance can be used as an investment and when you should consider this
00:47:31 - What kind of returns you can expect from using life insurance as an investment
00:49:15 - How to use life insurance to borrow against it and when this makes sense
00:53:14 - How much life insurance should you buy? 
00:56:36 - Should you open a joint/custodial taxable investment account for your kids? 

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▶️ RELATED EPISODE:
- (MI092) Take Control of Your Financial Future w/ Brennan Schlagbaum: https://www.theinvestorspodcast.com/millennial-investing/your-financial-future/

💡 OTHER RESOURCES
- Connect with Brian: https://twitter.com/Brian_Martucci
- Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a special $140 discount: https://bit.ly/3PVyNfF 

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On Millennial investing, we interview top investors, experts, and successful entrepreneurs such as Kevin O’Leary, JL Collins, Jesse Itzler, and more to guide you on your investing journey.

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WHO I AM:
I’m Rebecca Hotsko, an investor and entrepreneur 💼 based in Canada; co-founder of a luxury boat ⛵ sharing club in Kelowna, British Columbia. I graduated from the University of Saskatchewan with a bachelor’s degree 🎓 in Economics and completed CFA level I and II. I gained valuable experience working as an analyst for the Bank of Canada 🏦, the federal energy regulator and in investment management. My passion for teaching others how to invest using time-tested strategies backed by empirical data led me to create an investing blog 💻 in 2020.

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Видео Roth IRA vs Traditional IRA | Tax Efficient Investing w/ Brian Martucci (MI220) канала Millennial Investing