Btw this is for relatively high income ppl - back door. If your income falls where you can contribute directly to roth. Please put money in roth. YOu can also put money for your wife whether or not she works. Do not waste the years not putting money in. this is really a gift. It forces savings, you have protection, and all returns are tax free.
you can also withdraw your principal like you would from a bank after 5 years. Every year you don't do is a year you miss out on because the cap is so low... 6K for 2019(still time till april 2020)
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Life is short. Have an affair.
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