The difference between a Roth IRA and a traditional IRA is that in a Roth IRA taxes are paid on the income that is contributed, but the withdrawals at retirement are tax-free. In a traditional IRA, however, the contributions reduce your taxable income, but the withdrawals at retirement are taxable. Assume you plan to devote $5,000 to retirement savings in each year. You will retire in 30 years and expect to live for an additional 20 years after retirement 9. Assume the before tax interest rate is 5%. What will be your after-tax 20 year retirement consumption stream if you choose to save In a traditional IRA? Assume your tax rate is fixed at 30%. (Round your answers to 2 decimal place.) 20 year consumption stream (assuming monthly payouts) b. What will be your 20-year retirement consumption stream if you choose to save place.) a Roth IRA? (Round your answers to 2 decimal 20 year consumption stream (assuming monthly payouts)