<description>&lt;p class="p1"&gt;Joe Anderson, CFP® and Big Al Clopine, CPA tackle the fears that mess with even the best-laid financial plans, today on Your Money, Your Wealth® podcast 552. Big Wallet Barbie and Ken from the Midwest have saved millions, but Barbie's still worried about retiring early, buying a new house, and converting to Roth. Is she second-guessing her plans? The fellas spitball for Dan from Florida, who's flying high in the 35% tax bracket and trying to decide between Roth 401(k) contributions and future Roth conversions. They also float a surprising idea - one that's rare on YMYW - for a listener from Chicago who is FIRE'd Up about Roth vs. pre-tax and making a tax-smart wealth transfer. We'll wrap up with a couple of your comments.&lt;/p&gt; &lt;p class="p1"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Free Financial Resources in This Episode:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;strong&gt;&lt;a href= "https://bit.ly/ymyw-552"&gt;https://bit.ly/ymyw-552&lt;/a&gt;&lt;/strong&gt; &lt;em&gt;(full show notes &amp; episode transcript)&lt;/em&gt;&lt;/p&gt; &lt;p class="p1"&gt;&lt;a href= "https://purefinancial.com/white-papers/emotionless-investing-guide/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-552"&gt; &lt;strong&gt;Emotionless Investing Guide&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt; &lt;p class="p1"&gt;&lt;a href= "https://purefinancial.com/ymyw/episodes/truth-about-love-hate-relationship-with-money/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-552"&gt; &lt;strong&gt;The Truth About Your Love/Hate Relationship With Money&lt;/strong&gt;&lt;/a&gt; &lt;strong&gt;- YMYW TV&lt;/strong&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;span class="s1"&gt;&lt;a href= "https://purefinancial.com/financialblueprint/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-552"&gt; &lt;strong&gt;Financial Blueprint&lt;/strong&gt;&lt;/a&gt; &lt;em&gt;(self-guided)&lt;/em&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;span class="s2"&gt;&lt;a href= "https://purefinancial.com/lp/free-assessment/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-552"&gt; &lt;strong&gt;Financial Assessment&lt;/strong&gt;&lt;/a&gt;&lt;/span&gt; &lt;span class= "s1"&gt;&lt;em&gt;(Meet with an experienced professional)&lt;/em&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p3"&gt;&lt;span class="s3"&gt;&lt;strong&gt;REQUEST your&lt;/strong&gt; &lt;a href= "https://purefinancial.com/ymyw/ask-joe-and-al/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-552"&gt; &lt;span class="s4"&gt;&lt;strong&gt;Retirement Spitball Analysis&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p3"&gt;&lt;span class="s3"&gt;&lt;strong&gt;DOWNLOAD&lt;/strong&gt; &lt;a href= "https://purefinancial.com/white-papers/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-552"&gt; &lt;span class="s4"&gt;&lt;strong&gt;more free guides&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p3"&gt;&lt;span class="s3"&gt;&lt;strong&gt;READ&lt;/strong&gt; &lt;a href= "https://purefinancial.com/learning-center/blog/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-552"&gt; &lt;span class="s4"&gt;&lt;strong&gt;financial blogs&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p3"&gt;&lt;span class="s3"&gt;&lt;strong&gt;WATCH&lt;/strong&gt; &lt;a href= "https://purefinancial.com/ask-pure/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-552"&gt; &lt;span class="s4"&gt;&lt;strong&gt;educational videos&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;span class="s1"&gt;&lt;strong&gt;SUBSCRIBE to the&lt;/strong&gt; &lt;a href= "https://purefinancial.com/lp/newsletter-sign-up/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-552"&gt; &lt;span class="s2"&gt;&lt;strong&gt;YMYW Newsletter&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt; &lt;/p&gt; &lt;p class="p2"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Connect With Us:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;span class="s2"&gt;&lt;a href= "https://bit.ly/YMYW-YT"&gt;&lt;strong&gt;YouTube&lt;/strong&gt;&lt;/a&gt;&lt;/span&gt;&lt;span class="s1"&gt;: Subscribe and join the conversation in the comments&lt;/span&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;span class="s2"&gt;&lt;a href= "https://lnk.to/ymyw"&gt;&lt;strong&gt;Podcast apps&lt;/strong&gt;&lt;/a&gt;&lt;/span&gt;&lt;span class="s1"&gt;: subscribe or follow YMYW in your favorite&lt;/span&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;span class="s2"&gt;&lt;a href= "https://bit.ly/YMYWpodcast"&gt;&lt;strong&gt;Apple Podcasts&lt;/strong&gt;&lt;/a&gt;&lt;/span&gt;&lt;span class="s1"&gt;: leave your honest reviews and ratings&lt;/span&gt;&lt;/p&gt; &lt;p class="p1"&gt; &lt;/p&gt; &lt;p class="p1"&gt;&lt;strong&gt;Chapters: &lt;/strong&gt;&lt;/p&gt; &lt;p class="p1"&gt;00:00:00 - Intro: This Week on the YMYW Podcast&lt;/p&gt; &lt;p class="p1"&gt;00:00:49 - Big Wallet Barbie and Ken's Roth Conversion, Retirement, and Home Purchase Strategy (Barbie Mattel, Midwest)&lt;/p&gt; &lt;p class="p1"&gt;00:08:58 - Roth 401(k) Contributions or Roth Conversions? Flying High in the 35% Tax Bracket (Dan, FL)&lt;/p&gt; &lt;p class="p1"&gt;00:17:23 - High-Earners Planning FIRE and Wealth Transfer: Roth, Pre-Tax… Life Insurance? (FIRE'd Up, Chicago)&lt;/p&gt; &lt;p class="p1"&gt;00:29:56 - Correction on Spousal Social Security Benefits After the Fairness Act (Cindy)&lt;/p&gt; &lt;p class="p1"&gt;00:33:37 - Follow Up: The Kids Are Pretty Alright (Lucas, MN)&lt;/p&gt; &lt;p class="p1"&gt;00:34:44 - Outro: Next Week on the YMYW Podcast&lt;/p&gt;</description>

Your Money, Your Wealth

Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Don't Let Money Anxiety Ruin Your Retirement - 552

OCT 21, 202536 MIN
Your Money, Your Wealth

Don't Let Money Anxiety Ruin Your Retirement - 552

OCT 21, 202536 MIN

Description

Joe Anderson, CFP® and Big Al Clopine, CPA tackle the fears that mess with even the best-laid financial plans, today on Your Money, Your Wealth® podcast 552. Big Wallet Barbie and Ken from the Midwest have saved millions, but Barbie's still worried about retiring early, buying a new house, and converting to Roth. Is she second-guessing her plans? The fellas spitball for Dan from Florida, who's flying high in the 35% tax bracket and trying to decide between Roth 401(k) contributions and future Roth conversions. They also float a surprising idea - one that's rare on YMYW - for a listener from Chicago who is FIRE'd Up about Roth vs. pre-tax and making a tax-smart wealth transfer. We'll wrap up with a couple of your comments.

Free Financial Resources in This Episode:

https://bit.ly/ymyw-552 (full show notes & episode transcript)

Emotionless Investing Guide

The Truth About Your Love/Hate Relationship With Money - YMYW TV

Financial Blueprint (self-guided)

Financial Assessment (Meet with an experienced professional)

REQUEST your Retirement Spitball Analysis

DOWNLOAD more free guides

READ financial blogs

WATCH educational videos

SUBSCRIBE to the YMYW Newsletter

Connect With Us:

YouTube: Subscribe and join the conversation in the comments

Podcast apps: subscribe or follow YMYW in your favorite

Apple Podcasts: leave your honest reviews and ratings

Chapters:

00:00:00 - Intro: This Week on the YMYW Podcast

00:00:49 - Big Wallet Barbie and Ken's Roth Conversion, Retirement, and Home Purchase Strategy (Barbie Mattel, Midwest)

00:08:58 - Roth 401(k) Contributions or Roth Conversions? Flying High in the 35% Tax Bracket (Dan, FL)

00:17:23 - High-Earners Planning FIRE and Wealth Transfer: Roth, Pre-Tax… Life Insurance? (FIRE'd Up, Chicago)

00:29:56 - Correction on Spousal Social Security Benefits After the Fairness Act (Cindy)

00:33:37 - Follow Up: The Kids Are Pretty Alright (Lucas, MN)

00:34:44 - Outro: Next Week on the YMYW Podcast