<description>&lt;p class="p1"&gt;Joe Anderson, CFP® and Big Al Clopine, CPA spitball withdrawal strategies, Roth conversion timing, and saving priorities for every stage of life, today on Your Money, Your Wealth® podcast number 555. Christine just retired at 59 and wants the smartest way to draw income before Social Security, without letting taxes take a third of it. Prickly Richard and Margarita Maggie have a plan to "pull ahead" some Roth conversions now to dodge an RMD avalanche later. Will it work? And the Michigan Queen and Mississippi Boy are wondering whether to save harder for retirement or college for three kids currently under the age of 5.&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-555"&gt;https://bit.ly/ymyw-555&lt;/a&gt;&lt;/strong&gt; &lt;em&gt;(full show notes &amp; episode transcript)&lt;/em&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;a href= "https://purefinancial.com/ymyw/episodes/how-to-retire-tax-free-smart-income-plan/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-555" target="_blank" rel="noopener"&gt;&lt;strong&gt;Tax-Free Retirement Guide&lt;/strong&gt;&lt;/a&gt; - NEW! &lt;em&gt;Free download&lt;/em&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;a href= "https://purefinancial.com/ymyw/episodes/how-to-retire-tax-free-smart-income-plan/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-555" target="_blank" rel="noopener"&gt;&lt;strong&gt;How To Retire Tax-Free With A Smart Income Plan&lt;/strong&gt;&lt;/a&gt; &lt;em&gt;on YMYW TV&lt;/em&gt;&lt;/p&gt; &lt;p class="p1"&gt;&lt;span class="s1"&gt;&lt;a href= "https://purefinancial.com/financialblueprint/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-555"&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="p1"&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-555"&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-555"&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-555"&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-555"&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-555"&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="p1"&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"&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="p1"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Connect With Us:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p1"&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="p1"&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="p1"&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="p5"&gt; &lt;/p&gt; &lt;p class="p6"&gt;&lt;strong&gt;Chapters:&lt;/strong&gt;&lt;/p&gt; &lt;p class="p6"&gt;00:00 - Intro: This Week on the YMYW Podcast&lt;/p&gt; &lt;p class="p6"&gt;00:53 - I Retired at 59. What's My Best Retirement Withdrawal Strategy Before Social Security at 62? (Christine)&lt;/p&gt; &lt;p class="p6"&gt;13:50 - Should We Do Roth Conversions Before Being Hit With the RMD Avalanche? (Prickly Richard &amp; Margarita Maggie, Tucson, AZ)&lt;/p&gt; &lt;p class="p6"&gt;26:20 - Saving for Early Retirement at 55 vs. Saving for Kids' Future (Michigan Queen &amp; Mississippi Boy, TN)&lt;/p&gt; &lt;p class="p6"&gt;39:53 - 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

Retiring Before Social Security? Consider These Portfolio Changes - 555

NOV 11, 202541 MIN
Your Money, Your Wealth

Retiring Before Social Security? Consider These Portfolio Changes - 555

NOV 11, 202541 MIN

Description

Joe Anderson, CFP® and Big Al Clopine, CPA spitball withdrawal strategies, Roth conversion timing, and saving priorities for every stage of life, today on Your Money, Your Wealth® podcast number 555. Christine just retired at 59 and wants the smartest way to draw income before Social Security, without letting taxes take a third of it. Prickly Richard and Margarita Maggie have a plan to "pull ahead" some Roth conversions now to dodge an RMD avalanche later. Will it work? And the Michigan Queen and Mississippi Boy are wondering whether to save harder for retirement or college for three kids currently under the age of 5.

Free Financial Resources in This Episode:

https://bit.ly/ymyw-555 (full show notes & episode transcript)

Tax-Free Retirement Guide - NEW! Free download

How To Retire Tax-Free With A Smart Income Plan on 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 - Intro: This Week on the YMYW Podcast

00:53 - I Retired at 59. What's My Best Retirement Withdrawal Strategy Before Social Security at 62? (Christine)

13:50 - Should We Do Roth Conversions Before Being Hit With the RMD Avalanche? (Prickly Richard & Margarita Maggie, Tucson, AZ)

26:20 - Saving for Early Retirement at 55 vs. Saving for Kids' Future (Michigan Queen & Mississippi Boy, TN)

39:53 - Outro: Next Week on the YMYW Podcast