Ok, I am 43. 5 years back, my Investor guy suggested that i put money in a roth ira, as well as max out my work 401k. So I have been doing so since. I have about $50k in a traditional roth IRA roll over from an old job's 401k. We were hoping to reach FI by 50.
I have since discovered the ways of the Mustache, and been reading up on FI and am attempting to set some goals and strategies.
It seems like I should have been contributing to a traditional IRA instead of a roth, and then looking at converting over to the roth once we declare FI and stop working, as described by the MadFIentist.
Was investing in a Roth IRA a mistake? Should I continue to put money away in my traditional IRA from now forward?