When I was in high school, my parents help me set up a Roth IRA initially to help pay for college which I never went to. They wanted me to put in the max contribution from my job every year which I faithfully did until my late 20s. When I got to my mid 30s I changed it to a self directed online account where I made some stupid big gambles and they paid off really big. I’m now in my early 40s and even after the recent dip in the market I’m still sitting on an account net value of approx $2.72million. It’s a number to me that doesn’t even make sense to me considering I only make about $55k/yr and don’t even have $100K invested.
My question is there something I should do with this amount of money before retirement or just wait the 15-20 years before making any withdrawals?
