Christine isn’t sure that Roth conversions are all they’re cracked up to be. Erick needs a retirement spitball analysis for his Roth conversions, annuities, and the real estate in his self-directed IRA, Billy the disgruntled attorney wants to know if he can retire now, and Zach wonders just how bad is it to rely on the lottery for retirement? But first, Joe and Big Al spitball military retirement strategies.
Timestamps:
01:16 - I'm 22, Military. Should I Be Spending More Instead of Saving So Much? (Cole - voice)
06:19 - I'm 27. How Should I Max Out Military and Second Job Retirement Contributions? (Adam)
09:08 - Retiring With Pensions at Ages 59 & 63. Is Our Retirement Plan Sound? (Scott, AL)
16:55 - I’m Not Sure Roth Conversions Are as Good as They Sound! (Christine, Seattle)
26:44 - Roth Conversion, Annuities, Real Estate in Self-Directed IRA Strategy? (Erick, CA)
37:23 - Can a Disgruntled Attorney Quit and Retire Now? (Billy, Joplin, MO)
39:53 - Just How Bad an Idea Is Relying on the Lottery for Retirement? (Zach, Tuscaloosa, AL)
47:18 - The Derails
Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-440):
6th Annual YMYW Podcast Survey - one randomly-chosen participant will win a $100 Amazon e-gift card!
Financial benefits for military families
2023 Key Financial Data Guide
Episode Transcript
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