[hsmama]

I am unsure of where to post this- I was informed by a friend that the best place to stash any money we have saved (if we want safety,not worrying as much about growth) is a Roth Ira. I had previously thought this was only for withdrawal after age 59 (I'm 41) but he assured me I could withdraw anytime without a penalty,and still make use of the non tax status of my savings. Right now,it's just some extra in a savings acct,most of which we wouldn't touch day to day,but I would worry about the need arising,if a Roth doesn't allow withdrawals without penalty. He basically said we could use this like a savings,(emergency fund)and not pay penalties. Am I missing something? advice appreciated.