How to Join 9,000 U.S. Taxpayers with Romney-Sized IRAs

Overview


Bobbi Bierhals discussed how professionals can build up large individual retirement account (IRA) balances. For example, she said that private equity and hedge-fund managers can place minimal value on their company’s investments before they later grow exponentially. Ms. Bierhals also noted that because self-employed doctors and lawyers can annually contribute up to $52,000 to their IRAs, those who start doing so at an early age can accumulate large amounts by the time they are 50 even without extraordinary investment returns