Updated Monday, October 20, 2014 as of 10:13 PM ET

Big IRA Shift: Gen Y Picks Roths

A Gen Y investing trend could portend a sea change for retirement investing and planning.

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Comments (3)
Interesting article. Good timing, too. I teach Personal Finance at the Bauer College of Business at University of Houston and today's topic is Retirement Planning. Your article will be part of this week's homework assignment.

One question that I hope you will answer is this: How does the Roth IRA trend for Millenials relate to Retirement planning in general. In other words -- what about the rate of 401k savings?

I teach my students the need to invest heavily in their retirement and this starts with the larger contributions allowed in the 401k-type accounts, followed by the Roth IRA. Our students are landing jobs with decent levels of compensation so the strategy I teach makes sense for graduates of the Bauer College of Business at University of Houston, but your article didn't mention any relationship to the overall retirement planning trends for Millenials.

If you can point me to other articles, I would appreciate it.

Thanks again! If you use twitter, please tweet me at Jim Munchbach. I'll look for you on Twitter or LinkedIn.
Posted by Jim M | Tuesday, April 08 2014 at 9:00AM ET
Great article! Fits nicely with an article that I wrote recently, "It's Never Too Early: Roth 401(k)s and Other Fun Stuff", available on the Insights section of the Tocqueville Asset Management website: http://www.tocqueville.com/insights/itsnevertooearly
Posted by Michael M | Tuesday, April 08 2014 at 9:40AM ET
I'm very surprised by the ratios on the older ages.
Does it include IRA's that came from 401K and other retirement account rollovers?
Posted by Harry M | Thursday, June 05 2014 at 4:49PM ET
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