Nasdaq performance in mid-2024 has been bolstered by semiconductor demand, with earnings revisions trending up. For those focused on investing Roth IRA portfolios, overweighting chipmakers could provide tax-advantaged growth, though analysts recommend balanced exposure to mitigate downside risk. That 403(b) alone, without a $300,000 inheritance from your father, would see you through the rest of your lifetime. You would be withdrawing around $60,000 a year while your portfolio would continue to grow at a modest 6% a year (adding $90,000 in value every year). Even at a very conservative 4% annual return, your 403(b) would still last 30-plus years. Roth IRAs are only available to those with modified adjusted gross incomes (MAGI) of less than $165,000 for single-filers. The maximum annual contribution is $7,000, or $8,000 for those 50 or older. For those who make over $150,000, there are phase-out restrictions. Investing Roth IRA in fintech ETFs allows participation in this trend while avoiding capital gains taxes on portfolio turnover.
