RSS Feeds
Facebook
Twitter
Free eBook! The Get Rich Slowly Guide to Roth IRAs Print
Sunday, 20th September 2009 (by J.D.)This article is about Books, Investing, Retirement
In early 2008, I put together an e-book. I collected my series of articles about the virtues of the Roth IRA, cleaned them up, added new information, and drafted a 30-page document to serve as a sort of introduction to this important retirement plan.
The great folks at Web Warrior Tools took my work and made a polished e-book. For the past 18 months, it’s been available for $7 from their website. But this information wants to be free. (Heck, it is free if you want to dig through the Get Rich Slowly archives.)
Starting today, The Get Rich Slowly Guide to Roth IRAs is available for free download. No catches. No need to register for anything. Just click and the 518kb PDF is yours. Here’s what the The Get Rich Slowly Guide to Roth IRAs covers:
- The power of compounding
- What is a Roth IRA (and why should you care?)
- How to start a Roth IRA (and where to do it)
- Which investments are best for a Roth IRA?
- Questions and answers about Roth IRAs
These are some of the most popular articles I’ve written at Get Rich Slowly. This free e-book is a great way to have them all in one place for future reference so you can tap into ways to save for retirement beyond scouring cd rates and opening online savings accounts.
If you want to start saving for retirement, but don’t know where to start, The Get Rich Slowly Guide to Roth IRAs can point you in the right direction. Enjoy!
Note: Web Warrior Tools offers a small collection of high-quality e-books on a variety of subjects ranging from living a healthy life to maximizing your vehicle’s fuel economy to making web video that sells. Check them out!
September 20th, 2009 at 6:13 am
Great e-book! I think this is an important topic people especially those in college or just graduated should look into.
September 20th, 2009 at 6:33 am
Thanks for the free e-book! From this site and a few others on the Money Tips Network, I have been able to turn my financial life around. I am still paying down debt, but am doing so very quickly.
I am living within my means, trying to get a promotion at work, have paid off all non-mortgage/non-student loan debts, started saving for an emergency fund, and putting towards my 401(k).
This Roth IRA guide is the next step in my journey. I already know that I will be opening an account, but my e-book is just more (free!!!) information that I can now reference. Thanks again!
September 20th, 2009 at 6:39 am
Thanks for this! I just finished reading it. I’ve been thinking about a Roth as of late and was planning to open one at my credit union. Your explanations of the various types offered through other institutions are great and I may open one instead at one of the ‘big three.’ Thanks again for offering this great resource in such a nice package!
September 20th, 2009 at 6:59 am
WOW! Talk about perfect timing.
This is exactly the type of information I was looking for. Thanks so much!
September 20th, 2009 at 7:07 am
Wow! Thank you very much for the e-book. I’ve been recently looking through your site for this very information. I’m thinking about starting a Roth IRA soon, and I’ve found your information on GRS extremely useful. Once again, thank you very much for the convenient e-book!
September 20th, 2009 at 7:08 am
Just wanted to say thank you very much! I have a Roth, but now I’ll know how to really utilize it.
September 20th, 2009 at 7:45 am
Great Job!
Enjoy the season
September 20th, 2009 at 9:36 am
I also found their customer service to be horrendous, and they were frequently sending me “transfer money in now or we’ll sell all your assets” emails due to their mistakes (not the sort of email you want to find in your inbox in the morning).
September 20th, 2009 at 10:52 am
Okay, the earlier glitches seem to have been remedied. Whew! I’ve removed all of our earlier comments about how things were broken because they’ll just look like noise to new visitors.
Thanks to everyone who alerted me to the problem.
September 20th, 2009 at 12:52 pm
Awesome! Thanks, JD, for the free book. Just downloaded it, and got to take a peek. Looks informative! Will be reading it later today.
September 20th, 2009 at 1:10 pm
I just want to say thanks JD for your excellent blog, and for the quality of your postings, guest articles and resources.
I’ve been reading your blog since the summer of 2006 and find it an invaluable resource which keeps me on track with my financial goals, when I was in debt back then, and now that I am not anymore - and building my future.
September 20th, 2009 at 1:15 pm
Thank you!!! I’m excited about thoroughly reading it, but your illustration about Britney stresses me out because I’m 26, haven’t started saving anything for retirement yet, but can’t afford to right now because we have 40k in student loan debt and the minimum payments are KILLING us! Boy do I wish I had been saving in my early 20’s when I had some disposable income and did nothing but dispose of it. oh well, I have a fire lit under my tail now.
September 20th, 2009 at 2:28 pm
Thanks JD - I saved this and emailed it to my brother who is a junior in college at the moment.
September 20th, 2009 at 4:00 pm
Thanks for this e-book. I have about 3 or 4 e-books on financial education. I am happy to add this one to my collection. Happy the glitches are all worked out.
September 20th, 2009 at 4:58 pm
Thanks so much for the e-book. I keep putting this off, and just told myself in my ‘goals’ list for next year to begin a Roth IRA. Now, I’m realizing I need to start now and save at least $1,000 a month since I started so late! And this is if I want half the amount of your final value.
thanks again for this great tool-
Little House
September 21st, 2009 at 6:21 am
I’ve been hearing so much about the Roth IRAs, but I make more than the limit. I know there are “restrictions”, but do those restrictions mean that people who make more than $100K can’t (or shouldn’t) open a Roth IRA? Should we just max out our 401K and forget about the Roth?
Thanks!
Pamela
September 21st, 2009 at 8:28 am
Well, this is definitely something I will have to take a look at. I usually can fake my way through and make myself “sound” like I know what I’m talking about whenever Roth IRA’s come up, but this book might make me a little more legit
September 21st, 2009 at 11:56 am
Congrats on getting picked up on lifehacker.
September 21st, 2009 at 12:00 pm
Good question, Pamela, about making too much for the Roth IRA. My wife and I are in the same situation and our CPA, as well as our financial advisor have told us to do basically what you said, max out our 401k’s and forget about the Roth. There is now, I believe, a sneaky way to fund a regular IRA and then once a year convert it to a Roth, but it seemed like a lot of work so we’ve just avoided it. There are a bunch of ways that people like us, who make slightly more than these arbitrary salary limits, but who are far from well off, really get shafted…. and yes I’m talking about you, AMT.
September 21st, 2009 at 12:17 pm
@Pamela - If you are single and your modified adjusted gross income is than $105,000, you can contribute fully to a Roth IRA. If your income is between $105,00 and $120,000, the amount you can contribute is limited.
If you make more than $120,000, you are are not allowed to contribute at all. In that case, you can still contribute to a Traditional IRA (although you won’t get the tax benefit of the contribution), or a 401(k)
Thanks,
Jeff
September 21st, 2009 at 12:18 pm
Excellent! Thank you for making this available for free. I’ll have to review it for my readers!
September 21st, 2009 at 2:28 pm
Thanks for offering this! Definitely a knowledge weak-point of mine… I’m looking forward to reading this tonight.
September 22nd, 2009 at 9:09 am
Thanks JD! I really want to read this on my Kindle, can you self publish this on the Kindle? I believe it is free to do so.
https://dtp.amazon.com/
September 22nd, 2009 at 11:13 am
if i’m self employed, what are the pros/cons of a Roth IRA vs a SEP IRA?
September 22nd, 2009 at 3:47 pm
It’s possible I had some kind of promo code that I don’t remember, but I’ve never been charged any kind of custodial fee for my ShareBuilder IRA or my ING IRA savings account. ShareBuilder says on the FAQ:
I can’t find a similar statement at INGDirect, but I’d be surprised if there really were a fee.
It’s probably worth pointing out that ShareBuilder’s selection of funds is probably bigger now than when you wrote this, too. They’ve recently added lots of funds from Vanguard, Fidelity, T. Rowe Price, and a few more big names.