Can I Invest In A Roth Ira If I Am Retired

A Roth IRA is completely useless if you don’t, invest the money in your Roth IRA.  Right here, the  leading place for financial education I’m going to go over three of  the very best Roth IRA investments. Can i invest in a Roth IRA if i am retired. Any one of these investments can and also will make you a tax-free millionaire.

Can I Invest In A Roth Ira If I Am Retired

I’m additionally mosting likely to make a recommendation on just how to decide which of these three methods is finest for you. As with so many points in life, there’s never ever one right response. Due to the fact that the very best investment for you may not be the most effective financial investment for someone else. Can i invest in a Roth IRA if i am retired.

 So I  desire you to be as  informed as possible  to make sure that you can be  completely control of what  takes place to your money. 

 

 

It makes sense to use your Roth IRA for high growth investments, since usually more earnings equals more taxes, however not if those investments are inside your Roth IRA. Not just this, but the Roth IRA is a long-lasting car, so it additionally doesn’t make feeling to invest for Passive revenue in your Roth IRA.

 So instead of  concentrating on passive  earnings in your Roth IRA, why not  concentrate on growth?   This  guidelines out a  whole lot of investments, for example, Bonds or Money, Market Investments like CDs  as well as short term Treasuries, and certainly not cash,  due to the fact that you  do not  desire to  throw away the tax shield of the Roth IRA on investments that return only one or  2 percent or nothing. 

 

Can I Invest In A Roth Ira If I Am Retired

Assuming you’re not around to retire next year, you desire growth and concentrated investments for your Roth IRA. Allow’s speak regarding the three ways to invest in supplies, for your Roth IRA.

  1. 1. The first way to invest in your Roth IRA is to acquire target-date funds
  2. The second way is to buy index funds.
  3. The third method is to acquire individual stocks.

  Allow’s go  right into each of these one by one. 

 Without a doubt the  simplest  financial investment for your Roth IRA is  getting  time frame funds. Target date funds is a mutual fund that contains three to four  various index funds inside it.  Basically, it’s a fund of funds.

 Below’s a  normal  time frame fund  as well as you’ll, usually see a  residential stock fund, a International stock fund, a  mutual fund and  typically a  percentage in a money market or  cash money fund. Can i invest in a Roth IRA if i am retired.  That’s what a fund of funds looks like.

A 2055 fund is  mosting likely to be  extra  greatly weighted  in the direction of stocks. Can i invest in a Roth IRA if i am retired.  Its called a 2025 fund, due to the fact that if you’re planning to retire truly quickly, you don’t have the high-end of awaiting a recovery in case of a stock market downturn. So you’re mosting likely to have more bonds, which provides you more security as well as less in stocks.

Target-Date funds  immediately  select a blend of investments for you,  based upon your approximate age,  and after that it  adjusts that blend of investments. As you approach retirement age, if  a lot more Americans  possessed target-date funds during the last  economic downturn, they really would have been  better off.

Can i invest in a Roth IRA if i am retired.  I understand it’s a delicate topic, but when you hear about people who lost half of their retired life in the 2008 stock market collision, most of them had way too much of their portfolio in stocks, provided their age and also or they either sold whatever and then absolutely missed out on the recovery. S, ince it’s all age specific, the name of a target date fund is always going to have a year affixed to it.

The Fidelity Freedom Index 2055 funds. Every target date fund has a target retired life year as part of the name, so finding the best one, for you is actually simple.

 Ramit Sethi, a personal  money  master and  very popular  writer of “I  will certainly teach you to be  abundant”,  advises target date funds for the vast majority of  individuals. He  speaks about  exactly how target-date funds are the  utmost set it and forget it  financial investment  and also they  set you back a lot less than using a robo-advisor. Can i invest in a Roth IRA if i am retired.  Yes, you can accomplish greater returns with other strategies like the ones.I’m mosting likely to inform you concerning a little later on. Yet these other approaches all require more work and more initiative. You do not obtain higher returns, putting in less initiative. It’s like more work equates to much more returns.

 That’s  typically  just how it  functions. That’s why target-date funds are the logical  selection for most people. Most people are  hectic  experts, they have  family members and all  type of other things in their life going on  and also they don’t  truly  wish to  handle their investments.  In that  feeling, target-date funds are a  piece of cake  financial investment  alternative for your Roth IRA.  

The  secondly of Roth IRA investments I want to  discuss is Index Funds. Can i invest in a Roth IRA if i am retired.  This strategy is actually comparable to Target Date Funds, other than it’s far more DIY.

The target date fund gives you a  total optimally  alloted portfolio in one  wonderful  bundle,  however with index funds. Can i invest in a Roth IRA if i am retired.  You basically would develop that on your own, so you have to choose an asset allocation, that’s right for you and also for your age, and then you require to find index funds to develop that asset allocation.

You  would certainly also  require to rebalance your portfolio once the market  relocates order to  keep those  percent asset  appropriations,  in addition to keep your  retired life date or your goal date in mind. And readjust your portfolio towards a more  traditional allocation  gradually.

 It is a little bit more work than a target date fund, because you’re  basically going to do  on your own what the target date fund  would certainly do for you.  Can i invest in a Roth IRA if i am retired.  The option that benefits you if you desire a little more control over your investments, a time frame fund. So for all you type-a, geeks and control go nuts there, you’ll possibly wish to do it.

 By doing this, I  directly do index funds in  among my accounts and I don’t do target date funds,  due to the fact that I personally  intend to  adhere to an asset allocation that isn’t offered by  any type of target date funds. The asset allocation model that I follow is one  advised by David Swensen. He’s the  epic portfolio  supervisor of Yale’s, thirty billion  buck endowment fund.

I  speak about him a lot  as well as he  advises  designating percent in  residential  supplies, 15 % in international stocks, 10 % in  arising markets, 15 % in  United States Treasuries, 15 % in US inflation-protected Treasuries  and also 15 % in roths or  property  investment company.

This is a portfolio made of 6 various index funds, but if you want to keep it straightforward, you can likewise just duplicate the allocation of a target date fund. If you look at the Fidelity 2055 fund that we chatted around earlier, you see that they have 60 % in residential stocks. Can i invest in a Roth IRA if i am retired.  They have regarding 30 percent in an International stock fund and also the rest of it in bond as well as money market funds. So you could simply copy that asset allocation as well as find index funds to develop that, and just do it on your own.

In fact there’s thousands of different asset allowances you can select from. There is no person right answer, yet you just want to recognize the advantages and disadvantages of each and after that pick something. I selected David Swensen’s asset allocation due to the fact that I such as that it does not have too many eggs in one basket. Can i invest in a Roth IRA if i am retired.
 Simply put, there’s no  solitary asset class that dominates the portfolio there’s like at most 30 percent in the domestic stocks,  yet  after that everything else is 15 percent in  property and 15 percent in bonds  as well as 15 percent in emerging markets.

This  suggests that, throughout  any type of  financial cycle or season  durations of  reduced growth, high  development,  reduced  rising cost of living,  reduced  as well as high  rising cost of living, my portfolio is  placed to  profit, and yet it’s still  extremely growth  concentrated  since  the majority of it it’s  remains in stocks.

It’s actually just a fancier variation of the typical asset allocation of many target date funds, for a extra thorough explanation on how to invest in index funds for your Roth IRA make sure to download my Roth IRA investing starter kit. The pros and also cons of each allocation, which index funds to buy as well as how much of each index fund to acquire.

Once you  choose an asset allocation,  after that  action is to find  low-priced index funds that fit those allocations.

The  trick is to  make certain that the expense  proportion of the index fund is under 0.2 %, and you can  also find a  great deal of index funds that are much lower than that. If you’re thinking of doing index funds for your Roth IRA then definitely download my Roth IRA investing starter  package. It’s  one more  preferred option that I did  particularly on Fidelity Index Funds.

The third and also most innovative way to invest your Roth IRA is by purchasing individual stocks. At the heart of it, the whole idea when getting individual stocks is that you’re attempting to buy great companies at a excellent priceYou don’t want to get poor business at a great price.

  It’s  additionally the most labor-intensive  means to invest your Roth IRA.  There’s a bit of a  understanding curve and it  needs you to  sort of learn  just how to  check out  economic  declarations  and also  research on  specific  firms when you’re  checking out individual stocks. To  purchase for your Roth IRA, you  would certainly want to ask yourself the following questions: do I understand this  firm and the  market it’s in. Do I  comprehend how this  business  generates income and do I even  understand what this  business’s business  design is  as well as what it takes for it to be  effective. 

 

Can I Invest In A Roth Ira If I Am Retired

 Another  concern you want to ask  on your own is: do you  desire? Can i invest in a Roth IRA if i am retired.  You also desire to ask on your own: does this business have as well much financial debt, which is really something that would certainly jeopardize its capability to endure any sort of economic recessions.

In basic, you desire to invest in business that own two times as much as it is the extra it owes family member to what it owes the better. I talk much more concerning financial obligation metrics in my Roth IRA Investing starter package so certainly a duplicate.

 If you haven’t already,  one more question you want to ask  on your own is: can I  acquire this  supply at a reasonable  cost  as well as what’s reasonable is  totally  family member right?  It’s all  about how profitable the  firm is, the  extra  successful a  firm is the  much more I’m willing to pay to own that stock. On the  other hand, the  much less  rewarding that company is the  much less I’m willing to pay to  possess that stock.

One fast way to inform if the supply is trading on a sensible cost is to look at what’s called the p/e ratio or the rate to incomes proportion. The rate to earnings proportion is a metric that compares the cost of the stock divided by its incomes per share as well as the lower the p/e proportion, the more affordable the price is family member to the incomes.

 Once more, my Roth IRA, investing starter  package  gives  comprehensive  directions on  just how to  locate a  supply’s p/e  proportion,  in addition to  exactly how to  utilize it to make good investing decisions.

 

Can I Invest In A Roth Ira If I Am Retired

 Now for some  referrals on  exactly how to go  around  picking which of these  3 Roth IRA investing  methods would be best for you. The third  choice of picking individual stocks  clearly it  appears fun  and also it can be really  rewarding,  however 99 % of  individuals are  simply  speak  right here. 

It’s  type of like if you’re  attempting to  reduce weight  and also you  require to  select a  diet regimen plan that you would  really be able to do  as well as the  outcomes  could not be as sexy or  quick,  yet  a minimum of it’ll work.

 Returning to investing, you  wish to  choose the  approach that you’re actually going to do  as well as  in many cases, just  buying target-date funds, you’re  mosting likely to  wind up  actually really  well-off. If you just do that  constantly, if you’re a  careless  financier – and you  intend to  spend the money in your Roth IRA, with as little  initiative as  feasible –  opt for target-date funds. Can i invest in a Roth IRA if i am retired.  If your eyes simply polish over at the thought of handling your very own investments and seeking index funds and also rebalancing your portfolio, after that do not force on your own to do something that you do not intend to do.

Life is  as well short for that, so lots of  individuals retire millionaires just doing target-date funds.  So I really  suggest target-date funds for the very kind of  careless, hands-off  capitalist. 

 For the slightly  a lot more DIY  capitalist I recommend index funds. It can be really  gratifying to  learn more about  various asset  allowances and to  sort of  research the  benefits and drawbacks of each and then to  make a decision  on your own what you  wish to do  as well as which asset allocation  straightens the most with your  ideas  as well as  top priorities. I think it really  provides you a  feeling of empowerment and control over your  funds. Can i invest in a Roth IRA if i am retired.  I like index funds too and for the very DIY financier I recommend learning how to buy individual stocks.

 Every one of you, type-a  geeks  around,  find out some accounting terminology  and also do a bit of  study and number crunching. For anyone who  puts in the time to learn  just how to  analyze individual stocks, it can be  truly  fulfilling.

These are the three really awesome methods to spend your Roth IRA. Can i invest in a Roth IRA if i am retired.

Can I Invest In A Roth Ira If I Am Retired

A Roth IRA is completely  pointless if you  do not, invest  the cash in your Roth IRA.  Below, the number one place for financial education I’m going to  discuss three of  the most effective Roth IRA investments. Can i invest in a Roth IRA if i am retired. Any type of one of these investments can and also will make you a tax-free millionaire.

Can I Invest In A Roth Ira If I Am Retired

I’m also mosting likely to make a suggestion on just how to determine which of these three approaches is best for you. Just like so many points in life, there’s never ever one ideal response. Since the very best investment for you might not be the very best financial investment for somebody else. Can i invest in a Roth IRA if i am retired.

 So I want you to be as  enlightened as possible  to make sure that you can be in full control of what happens to your money. 

 

 

 If all this  appears good to you, we’re going to jump right in  given that with the Roth IRA, you’ll  never ever have to pay  tax obligations on your investment gains. Can i invest in a Roth IRA if i am retired.  It makes good sense to use your Roth IRA for high growth investments, because usually more profits equals more tax obligations, however not if those investments are inside your Roth IRA. Not just this, yet the Roth IRA is a long-term vehicle, so it additionally doesn’t make good sense to invest for Passive income in your Roth IRA. You can’t access or take out the money anyhow till you transform 59 and a half.

 So instead of  concentrating on passive  earnings in your Roth IRA, why not  concentrate on  development?   So this  eliminate a lot of investments, for example, Bonds or Money, Market Investments like CDs and  short-term Treasuries,  and also  absolutely not  cash money,  due to the fact that you  do not  intend to  lose the tax shield of the Roth IRA on investments that return only one  or more percent or nothing. 

 

Can I Invest In A Roth Ira If I Am Retired

Presuming you’re not about to retire following year, you desire development and concentrated investments for your Roth IRA. Allow’s talk about the three ways to invest in stocks, for your Roth IRA.

  1. 1. The very first way to invest in your Roth IRA is to get target-date funds
  2. The second means is to purchase index funds.
  3. The third method is to buy individual stocks.

  Allow’s go into each of these one by one. 

 Without a doubt the  most convenient  financial investment for your Roth IRA is  purchasing  time frame funds.  Time frame funds is a mutual fund  which contains three to  4 different index funds inside it.  Basically, it’s a fund of funds.

Here’s a  normal  time frame fund  and also you’ll, usually see a domestic stock fund, a International stock fund, a bond fund  and also  normally a small amount in a money market or cash fund. Can i invest in a Roth IRA if i am retired.  That’s what a fund of funds looks like.

A 2055 fund is  mosting likely to be  a lot more  greatly  heavy towards stocks. Can i invest in a Roth IRA if i am retired.  Its called a 2025 fund, since if you’re planning to retire truly quickly, you don’t have the high-end of waiting on a recuperation in case of a stock market downturn. So you’re mosting likely to have more bonds, which offers you extra stability and also less in supplies.

Target-Date funds automatically pick a  mix of investments for you, based on your approximate age,  and after that it readjusts that blend of investments. As you approach  old age, if more Americans  possessed target-date funds  throughout the last  economic downturn, they  actually would have been  better off.

Can i invest in a Roth IRA if i am retired.  I understand it’s a sensitive topic, however when you hear about people who lost half of their retirement in the 2008 stock market crash, many of them had way too much of their portfolio in stocks, given their age as well as or they either sold everything and afterwards totally missed out on the recuperation. S, ince it’s any age specific, the name of a target date fund is always going to have a year connected to it.

   For instance, the Fidelity Freedom Index 2055 funds.  This is the  ideal target date fund for a  thirty years old  that  would certainly retire  at some point around the year 2050. Can i invest in a Roth IRA if i am retired.  Every target date fund has a target retired life year as part of the name, so finding the right one, for you is actually easy. Simply determine in what years somebody your age would around retire and afterwards simply search for a target date fund with that said year.

 Ramit Sethi, a personal finance  expert  as well as  very popular  writer of “I  will certainly  educate you to be rich”,  advises  time frame funds for the  large majority of people. He  discusses  exactly how target-date funds are the  best  collection it  as well as forget it investment  as well as they cost a  great deal less than using a robo-advisor. Can i invest in a Roth IRA if i am retired.  Yes, you can accomplish greater returns with various other approaches like the ones.I’m going to tell you about a little later on. However these various other strategies all call for even more work as well as even more effort. You do not get higher returns, putting in much less effort. It’s like more job equates to a lot more returns.

 That’s generally how it works. That’s why target-date funds are the  sensible  selection for  the majority of people.  Many people are  hectic professionals, they have  family members and all kinds of other things in their life going on  and also they  do not  truly  intend to manage their investments.  In that  feeling, target-date funds are a  piece of cake  financial investment option for your Roth IRA.  

The second of Roth IRA investments I  wish to  discuss is Index Funds. Can i invest in a Roth IRA if i am retired.  This strategy is truly comparable to Target Date Funds, other than it’s far more DIY.

The target date fund gives you a complete  efficiently allocated portfolio in one  wonderful package, but with index funds. Can i invest in a Roth IRA if i am retired.  You basically would develop that yourself, so you need to pick an asset allocation, that’s right for you and for your age, and afterwards you require to find index funds to construct that asset allocation.

You would  likewise need to rebalance your portfolio once the market  relocates order to  preserve those  percent asset  appropriations, as well as keep your  retired life date or your  objective date in mind. And  adjust your portfolio towards a  extra  conventional allocation over time.

 So it is a little bit more  job than a  time frame fund,  due to the fact that you’re  basically  mosting likely to do yourself what the target date fund would do for you.  Can i invest in a Roth IRA if i am retired.  The option that benefits you if you want a bit more control over your investments, a target date fund. For all you type-a, geeks and control freaks out there, you’ll most likely want to do it.

 In this manner, I personally do index funds in one of my accounts  and also I don’t do target date funds,  due to the fact that I  directly  wish to  comply with an asset allocation that isn’t  used by any target date funds. The asset allocation  version that I  adhere to is one recommended by David Swensen. He’s the  fabulous portfolio  supervisor of Yale’s, thirty billion dollar endowment fund.

I talk about him a  whole lot and he  suggests  assigning percent in  residential stocks, 15 % in international stocks, 10 % in emerging markets, 15 % in US Treasuries, 15 % in  United States inflation-protected Treasuries and 15 % in roths or  realty  investment company.

So this is a portfolio made from 6 various index funds, yet if you wish to keep it simple, you can also simply replicate the allocation of a target date fund. If you look at the Fidelity 2055 fund that we chatted about previously, you see that they have 60 % in residential stocks. Can i invest in a Roth IRA if i am retired.  They have concerning 30 percent in an International stock fund and also the remainder of it in bond and money market funds. So you could just duplicate that asset allocation as well as find index funds to produce that, and also simply do it on your own.

Actually there’s numerous different asset allocations you might select from. There is nobody right response, yet you simply intend to comprehend the benefits and drawbacks of each and afterwards decide on something. I picked David Swensen’s asset allocation since I such as that it does not have too many eggs in one basket. Can i invest in a Roth IRA if i am retired.
In other words, there’s no single asset class that dominates the portfolio there’s like at most 30 percent in the  residential  supplies,  however  after that  every little thing else is 15 percent in real estate  and also 15 percent in bonds  as well as 15 percent in  arising markets.

This means that, throughout  any type of economic cycle or season  durations of  reduced  development, high  development, low inflation, low  and also high inflation, my portfolio is positioned to  profit,  and also yet it’s still  really growth focused  due to the fact that most of it it’s  remains in stocks.

  It’s  truly  simply a fancier  variation of the  regular asset allocation of most target date funds, for a more  comprehensive explanation on  just how to  spend in index funds for your Roth IRA make  certain to download my Roth IRA investing starter  package.  Can i invest in a Roth IRA if i am retired.  It has detailed guidelines on different asset allowances to choose from. The pros and cons of each allocation, which index funds to get and also just how much of each index fund to get. It’s very specific comprehensive. As well as it’s an legendary source that I’ve developed just for you as well as I recognize you’re going to enjoy it.

 As soon as you decide on an asset allocation,  after that  action is to find low-cost index funds that fit those  allotments.

The  secret is to  ensure that the  cost  proportion of the index fund is under 0.2 %, and you can even  locate a  great deal of index funds that are  a lot lower than that. If you’re thinking of doing index funds for your Roth IRA then  certainly download my Roth IRA investing starter  set. It’s  an additional  popular option that I did  particularly on Fidelity Index Funds.

 The  3rd  as well as most advanced  means to invest your Roth IRA is by  acquiring individual stocks. At the heart of it, the whole idea when  getting individual stocks is that you’re  shopping good companies at a good priceYou don’t  wish to  get  poor  business at a  excellent price. Can i invest in a Roth IRA if i am retired.  You do not want to get great companies at a negative rate. You wish to purchase excellent firms at a excellent rate. Obviously that’s less complicated claimed than done, but basically that’s the heart of it as well as buying individual stocks is the fastest means to build wealth.

   Nevertheless, it’s also the most labor-intensive way to invest your Roth IRA.  There’s a bit of a  discovering  contour and it requires you to  type of learn  exactly how to  check out  economic statements  and also  study on individual  firms when you’re  considering individual stocks. To buy for your Roth IRA, you would  intend to ask  on your own the following questions: do I  comprehend this company and the  sector it’s in. Do I  comprehend  just how this  business  generates income  and also do I even  understand what this  firm’s  company  design is and what it takes for it to be successful. 

 

Can I Invest In A Roth Ira If I Am Retired

 Another  concern you  intend to ask  on your own is: do you  desire? Do you  rely on the CEO  as well as the management  group to do the  best thing? You  additionally  wish to ask  on your own: does this  business have good cash flow  currently  and also in the future, so that does  entail  checking out the  economic statements and  identifying trends  as well as patterns  and also  thinking of where the  sector’s headed in the future? You  additionally  wish to ask  on your own: does this company have  way too much  financial obligation, which is really something that  would certainly  jeopardize its  capability to survive  any kind of  kind of  financial  slumps. A  fast way to tell whether a  business has  excessive debt or not, is to  consider a Ratio called the  financial debt to asset  proportion. 

 This  informs you  just how much a  firm owes  about  just how much it owes.  Generally, you  intend to invest in companies that  have  two times as  high as it is the  extra it owes relative to what it owes the  much better. Can i invest in a Roth IRA if i am retired.  This is just among the metrics you can look at to see if a business has excessive financial debt. I speak a lot more regarding debt metrics in my Roth IRA Investing starter package so absolutely a duplicate.

 If you  have not  currently,  one more  inquiry you  desire to ask yourself is: can I buy this stock at a  practical  cost  and also what’s reasonable is completely  loved one?  It’s all  about how  successful the company is, the  a lot more  rewarding a  firm is the  much more I’m  ready to pay to  have that stock. On the  other side, the less  rewarding that  firm is the  much less I’m  eager to pay to  possess that stock.

One quick way to inform if the stock is trading on a sensible cost is to look at what’s called the p/e ratio or the cost to earnings proportion. The rate to earnings ratio is a metric that compares the rate of the supply separated by its incomes per share and the reduced the p/e ratio, the more affordable the cost is family member to the profits.

 Once again, my Roth IRA,  spending starter kit  supplies  in-depth  directions on how to  discover a  supply’s p/e ratio, as well as  just how to  utilize it to make good investing  choices.

 

Can I Invest In A Roth Ira If I Am Retired

  Currently for some  referrals on  exactly how to go  around choosing which of these three Roth IRA  spending  techniques would be best for you. The third  alternative of picking individual stocks  clearly it  appears fun  and also it can be  actually  financially rewarding, but 99 % of  individuals are  simply  chat  below. 

It’s kind of like if you’re  attempting to  drop weight  as well as you  require to  pick a diet  strategy that you would  really be able to do and the  outcomes  may not be as  hot or  quick,  however  a minimum of it’ll  function.

Getting back to  spending, you  wish to pick the  approach that you’re  really going to do and in most cases, just  buying target-date funds, you’re going to  wind up  truly  actually  rich. If you just do that  continually, if you’re a lazy  financier – and you want to  spend the money in your Roth IRA, with as little effort as  feasible – go with target-date funds. Can i invest in a Roth IRA if i am retired.  If your eyes just glaze over at the thought of managing your own investments as well as searching for index funds and also rebalancing your portfolio, then do not require yourself to do something that you don’t want to do.

Life is  as well short for that, so lots of people retire millionaires just doing target-date funds.  I  truly recommend target-date funds for the  actual kind of  careless, hands-off  capitalist. 

 For the slightly  extra DIY  capitalist I  suggest index funds. It can be really  fulfilling to learn about different asset  allowances  and also to  type of  research the  benefits and drawbacks of each  and afterwards to  determine for yourself what you  wish to do  as well as which asset allocation aligns  one of the most with your beliefs  and also  concerns. I  assume it  actually gives you a  feeling of empowerment and control over your finances. Can i invest in a Roth IRA if i am retired.  I such as index funds as well as well as for the really DIY capitalist I recommend learning just how to purchase individual stocks.

 Every one of you, type-a  geeks out there,  discover some  audit  terms and do a bit of  research study and number crunching. For  any individual who  makes the effort to  discover  exactly how to assess individual stocks, it can be  actually  gratifying.

These are the 3 truly incredible methods to spend your Roth IRA. Can i invest in a Roth IRA if i am retired.