Retirement Answer Man

One of our listeners actually has a better mortgage rate than me! However, as they begin to test their retirement budget they have found that the mortgage payment leaves that budget a bit tight. So they are wondering if they should pay off their...

Show Notes

One of our listeners actually has a better mortgage rate than me! However, as they begin to test their retirement budget they have found that the mortgage payment leaves that budget a bit tight. So they are wondering if they should pay off their mortgage early by withdrawing from their IRA. What would you do?
Listen in to hear my response in addition to several other listener questions. We’ll also catch up with Rosie from the last Retirement Plan Live. Press play to learn if she implemented any of the things we discussed and how her retirement has been over the past year. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN LISTENER QUESTIONS 
  • [3:30] Should we pay off our mortgage with our IRA?
  • [11:27] An inherited IRA question
  • [17:55] The order of withdrawals in retirement
  • [25:24] The benefits of a continuing care retirement community
CATCHING UP WITH ROSIE FROM THE 2023 RETIREMENT PLAN LIVE 
  • [27:34] How Rosie’s confidence level is now
  • [29:00] How she implemented some financial changes this year
  • [43:28] Her intentions for her new planner
TODAY’S SMART SPRINT SEGMENT 
  • [51:27] Refresh your vision, your feasible plan of record, and your resilient plan of record
Resources Mentioned In This Episode
Retirement Plan Live with Rosie -  468,  469,  470,  471
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement  by Roger Whitney
Roger’s Retirement Learning Center

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