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My Fat FIRE Retirement Plan with Backdoor Roth IRA | A Simple Guide to Become a Tax Free Millionaire

According to Fidelity Investments, in the first quarter of 2021, the number of IRA with a balance of $1 million or more jumped up to 307,600 people. However, half of the millennial generation missed out on investing into their retirement due to student debt, personal loans, and high-interest credit cards. Roth IRA is the easiest way to grow your wealth tax-free. In this video, you will learn what an IRA is and how you can contribute to your Traditional or Roth IRA every year. Make your money work for you tax free in a Roth IRA with compound interest growth by contributing $17 a day. 👨‍🏫 1:1 Financial Coaching 👩‍🏫 Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ➡️ Introductory Forum: 📧 Email: hello@firepsychat.com 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 📷 Additional FIRE Videos 📷 Fat FIRE Roadmaps - Create Generational Wealth - Money Avoidances & Excuses - How I save 60% of My In