Originally Posted by La literatura
Yes it is true. If you put the $5500 each year into a Roth IRA for 40 years, you will have a nice little nest egg when you retire that isn't taxed. That doesn't take into account any additional savings you do on your own or employer savings.
Everyone has that option. Most people choose not to. Whose fault is that?
You're limited on how much you can put into an IRA. Therefore, it's not true that you can "still do all of that, even with an income tax".