Compound interest is amazing. When our money starts making money over and over again, that’s when our retirement portfolios can grow rapidly. A funded Roth IRA will have a 6-figure sum in what seems like no time at all.
But what if we could harness that same power for our kids and turn them into future millionaires?
Today, I’ve invited Logan Allec to talk about how we can do this with a Roth IRA for kids. Logan is a CPA, real estate investor, and a full-time personal finance blogger.
And after spending nearly 10 years helping big businesses save money in his role as a tax advisor, he launched his site Money Done Right to help everybody make more money, save more money, and grow more money.Continue reading “How a Roth IRA Can Make Your Kid a Millionaire – with Logan Allec”