Insurance and Investment questions?

Sgt Robert Novotny — Wed, 24 Jun 2015 16:42:47 -0400

Good day fellow Sergeants!

I've began to focus my financial practice on veterans. I've had success planning for active duty and veterans alike, and would like to answer any questions you may have. My practice focuses on life insurance, disability insurance, and investing for retirement. Through this I've learned a lot about veteran benefits.

As always, Semper Fidelis!

--Rob Novotny
http://www.robertnovotny.nm.com

Robert Novotny

Robert Novotny is a financial representative with Northwestern Mutual

Response by Sgt Jay Jones made Jun 24 at 2015 5:51 PM

Sgt Jay Jones — Wed, 24 Jun 2015 17:51:26 -0400

I if was still young. I would be investing in a Roth IRA. You still pay taxes on what you put in, however, you DO NOT PAY TAXES on what you take out the back end. If you invest $60,000 over a 30 year period and because of the market production you come out the back end with 500,000 you pay NO taxes on that money.