Should I max out my Roth IRA contributions before investing in another vehicle?

I started a Roth IRA about a year ago. I'm really ambitious to save as much as I can over the next 15 years. Besides the Roth IRA, I want to invest another $10K into some other long-term vehicle. What would you recommend? I really want to be smart about this. Should I max out my Roth contributions first before going with a new investment vehicle?

Investing, IRAs
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June 2017
50% of people found this answer helpful

Absolutely. Max your Roth IRA so you can take advantage of the tax-free growth and qualified returns. You can invest the additional $10k in a more conservative taxable account with a low-cost ETF portfolio. If you want it to be long-term, that is great, and it can also be for shorter-term needs with no penalty for early withdrawals. You can setup both account types with advisor oversight at Betterment.

June 2017
June 2017
June 2017
June 2017