If you’ve been wondering how Roth IRAs work in retirement you’ve come to the right place. All this month we’ll be exploring Roth IRAs–how they work, the 5-year rule, and the differences between Roth conversions and contributions and Roth IRAs...
Show Notes
If you’ve been wondering how Roth IRAs work in retirement you’ve come to the right place. All this month we’ll be exploring Roth IRAs–how they work, the 5-year rule, and the differences between Roth conversions and contributions and Roth IRAs and Roth 401Ks.
My goal with this series is to level the playing field so that you can understand the opportunities that Roths provide. On this episode, you’ll learn how you can use a Roth to enhance your retirement. If you are ready to start optimizing your retirement press play. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN BOOKS I READ LAST MONTH
- [2:10] What I’ve been reading and how I read
PRACTICAL PLANNING SEGMENT
- [12:35] Roth accounts in retirement
- [16:16] What Roths are
- [20:56] Roth planning opportunities
LISTENER QUESTIONS
- [32:45] A tip for using the detailed calculator on SSA.gov
- [33:52] How to search for a financial advisor
- [37:17] On consolidating your IRAs
- [42:26] Can Kelly roll over her 401K to a Roth IRA or is there a better option?
BRING IT ON WITH DR. BOBBY DUBOIS
- [50:12] How to implement the tools Dr. Dubois gives us
- [52:32] Assessing your energy levels
- [59:22] How to start improving your energy
- [1:04:39] How to improve the mind-body connection
- [1:12:46] How to experiment on yourself
TODAY’S SMART SPRINT SEGMENT
- [1:14:10] Update your net worth statement and your cash flow statement so you can plan the rest of the year
What is Retirement Answer Man?
A top retirement podcast. Roger Whitney, CFP®, CIMA®, CPWA®, RMA, guides you on how to actually do retirement well financially and personally. This retirement podcast isn't afraid to talk about the softer side of retirement. It will teach you how to retire with confidence. Two-time PLUTUS winner for best retirement podcast / blog and the 2019 winner for best financial planner blog. This retirement podcast covers how to create a paycheck, medicare, healthcare, Social Security, tax management in retirement as well as retirement travel and other non-financial issues you'll need to address to rock retirement. Retirement isn’t an age OR a financial number. It’s finding that balance between living well today and feeling confident about your retirement. It’s about gaining more freedom to pursue the life you want. Join the rock retirement community at www.rogerwhitney.com