Should you use a Traditional or Roth IRA for retirement savings? (Episode007)

Description In this episode, I answer a listener question about how to save for retirement. Specifically, "Should I be using a traditional IRA, Roth IRA, or both for retirement saving?" In order to answer this question, I provide a general overview of the features for both a Traditional and Roth IRA. I compare the similarities and differences.  Finally, I provide some rules of thumb which you can choose to make a decision on which type of IRA best fits your situation.  Important Links What is your #1 question about investing or personal finance? Answer this one question survey and your question might appear in a future podcast episode.  Show Notes available at DIYInvesting.org The full show notes for this episode, including my outline for today's podcast, are available at https://www.diyinvesting.org/Episode7 Please review and rate the podcast If you enjoyed this podcast and found it helpful, please consider leaving me a review. On an iOS platform such as an iPhone or iPad, you can do so by following these steps: In your podcast app, click the search icon that looks like a magnifying glass in the bottom right-hand corner. Type "The DIY Investing" into the search bar. This podcast should be one of the first shows that display. Select the podcast show icon. Scroll down to the "Ratings & Reviews Section" and click on the button that says "Write a Review". Write a short one or two sentence review and give me a rating that matches how you feel about the podcast.