PERSONAL INVESTING OPTIONSAnnuities vs. Roth IRAScenarioStudy CasesMake a ChoicePERSONAL PERSONAL INVESTING OPTIONSINVESTING OPTIONSTeam 7 Members:Team 7 Members:Mauricio Coto - OrganizerMauricio Coto - OrganizerMichael Thompson - SummarizerMichael Thompson - SummarizerSaurabh Desai - TechieSaurabh Desai - TechieFarouq Mahadin - TechieFarouq Mahadin - TechieAnnuities vs. Roth IRAAnnuities vs. Roth IRAAnnuities - A form of investments Annuities - A form of investments offered by insurance offered by insurance companies companies Roth IRA - Individual Retirement Roth IRA - Individual Retirement Account that allows Account that allows retirement savings to retirement savings to grow grow tax-free. tax-free.ScenarioScenario30 yr. old individual retiring at 6530 yr. old individual retiring at 6535 year investment35 year investmentInvesting $5000 every yearInvesting $5000 every yearAssuming 3% InflationAssuming 3% InflationStudy CasesStudy CasesRoth IRA vs. Annuity at fixed iRoth IRA vs. Annuity at fixed iRoth IRA vs. Annuity at fixed FV & iRoth IRA vs. Annuity at fixed FV & iRoth IRA vs. Annuity at actual iRoth IRA vs. Annuity at actual iRoth IRA vs. Annuity at actual i & Roth IRA vs. Annuity at actual i & fixed FVfixed FVMake a ChoiceMake a ChoiceCompare the resultsCompare the resultsPros and ConsPros and ConsBest ChoiceBest
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