Quote:
Originally Posted by tripods68
No offense Matt. That’s such an elitist comment or anyone can say to OP for failing to save sufficient EF. Perhaps they may have lost their jobs multiple times throughout their working career, filed bankruptcy, few divorces, child supports, and paying the high cost medical bills. Those are real factors to consider before you can flatly say, they are lazy. Perhaps they may also view ROTH as part of EF for tax benefit purposes if they never use it (two for the price of one). Perhaps they just couldn’t earned enough money to sock away extra fund besides ROTH. We just don't know. It’s unfortunate but I wouldn’t call them lazy.
Although, I agree with you about that OP should build their EF first and foremost before accessing ROTH.
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Not trying to sound elitist. I just look at investing in a roth before saving an EF, bypassing the process. I understand there are many situations that can cause you to have a roth and no EF. I remember being chasted a little here, early for the same idea. When i said lazy, It was a generallization, there is no OP here.