Question

Kirby made contributions to a Roth IRA over the course of 35 working years. His contributions averaged $2,000 annually. Kirby was in the 26% tax bracket during his working years. The average annual rate of return on the account was 5%. Upon retirement, Kirby stopped working and making Roth IRA contributions. Instead, he started living on withdrawals from the retirement account. At this point, Kirby dropped into the 15% tax bracket. Factoring in taxes, what is the effective value of Kirby’s Roth IRA at retirement? Assume annual compounding
@Rolltideroll

Answer 1

idk on this one
@SarahEZZMcK

Answer 2

@Ahlpa_Omega32 @SeaTurtle113 @Awesome781 @felavin @Nateyboo @secret66 @SectorZ423 @Kalob

Answer 3

#2much4me