Personal finances for the aspiring millionaire lawyer

Pay off your loans

Implement proven strategies for eliminating your student loans and become a debt-free lawyer.

Grow your assets

Make smart decisions with your investments and watch your net worth multiply.

Retire early

Put together a plan for financial independence and quit the rat race whenever you want.

The Backdoor Roth IRA

Want to benefit from the tax code? Then, you should learn the tax code. But you don’t have to learn all of it at once. The Roth IRA is an account many high-income earners avoid because contributing takes jumping through a few extra hoops. Savvy investors understand the need to take advantage of every tax-protected account available. Are you willing to spend a few minutes following a detailed step-by-step guide to make a Backdoor Roth IRA contribution? If so, you could easily add another $100,000 into tax-protected space over a decade.

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