My uncle is 58. Does it make sense for him to open a Roth IRA if he expects to work for at least 7 more years? Or is that too short and risky? Hello, My uncle is 58 and has never opened a Roth IRA. I was wondering if it would be a good idea to open a Roth IRA for him if he plans to work for 7-10 years. Is a 7-year period good enough or is it too short and thus risky? What’s the general consensus? All of his current savings right now are split between HYSA, checking, and cash. He had t…

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