Prosperity Game Day 5

Today $5,000 is deposited into my imaginary bank account.  Today I would contribute all $5,000 to my Roth IRA for my 2018 contribution.  This may not sounds as fun as a trip to Thailand or NYC but it would give me peace of mind.  I have been following Dave Ramsey for years and love him!!  If you are not familiar with Dave Ramsey he is a personal finance advocate.  He has created 7 Baby Steps for people to follow to achieve financial freedom.  One of the steps along the way is to save 15% of your income for retirement.  Currently 15% of my income would be more than $5,000 but the max that you can put into a Roth IRA for 2018 is $5,500.  Roth IRA’s grow tax free!!  This is one of the very few ways to get tax free growth in the US.