How Do I Move to a Roth?

Please watch: "TOP 10 - Dave Ramsey Rants" https://www.youtube.com/watch?v=yrBbWZuALgQ -~-~~-~~~-~~-~- Do you have questions about investing? Let one of our Endorsed Local Providers help. http://www.daveramsey.com/elp/investing?ectid=70.11.5437 Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Our emergency fund is depleted: https://www.youtube.com/watch?v=sj8UcxUTtGs Do I have too much money in the bank? https://www.youtube.com/watch?v=3PonjgJ5klU You Can Do This: https://www.youtube.com/watch?v=n26RKqW1dUo IN THIS VIDEO: Dave Ramsey, The Dave Ramsey Show, Financial Peace University, FPU, The Total Money Makeover, Retire Inspired, budget, envelope system, emergency fund, baby steps, radio show, debt freedom, EntreLeadership, mortgage, ELP, daveramsey.com, money, finance, economy, investing, saving, retirement, cash, mutual fund, stock market, business, leadership, credit

Comments

1. Typical broker dealer. 12% per year for 10 years? Give me a break. What about the 40-50% loss in late 2007 through 2009? And the mutual fund/plan fee's and his/company fee's to admin the plan? Put the $90,000 into an indexed annuity with no cap and a participation rate of 70% or more. No fee's and you can't ever lose a dime do to a market turn down. She could never lose any of her 90 grand, and or interest that she has earned. Market go's up 10%, she makes about 7% with annuity. She makes 10% if she stays in market, minus fee's normally of 3-4%. So she earned 7% with annuity, and 6-7% where her money is now. Market takes a down turn, and it probably will do so soon? Let's say 50% like it did in 2008 etc. Now she has $45'000. With annuity she still has $90'000. And if market go's up 10% next year she has $49'500 in her plan, minus fee's of lets say 3%. Now she has $48'015.00 in plan. With annuity she now has $96'300. She's 60! She needs to be completely out of the market or she will be working as a walmart greeter until 80! I'm sick of the B.S.
2. He doesn't ask the important questions up front like what is the traditional IRA invested in, age and her tax bracket. She likely doesn't benefit from an traditional IRA to Roth IRA conversion.
   
   @ 1:30"... get...returns like what the stock market does..." - yet he doesn't bother to suggest she simply invest in an S&P 500 or Total US Stock Market mutual fund. That is better than his tired and obsolete offering 5 seconds earlier.
3. I have a Roth IRA account with primerica, do you think they're trusted company?
4. So how do you convert from an traditional to a Roth? Do you see someone for that?
5. Those two make 200k in a year but can't cash flow 30k at any one time??? where do you find these people?
6. First