<description>&lt;p class="p1"&gt;Can Bauer in Illinois retire at age 57, and when should he collect Social Security? More importantly, can he afford a $300,000 motor home? Can Brad in Michigan coast for the next 10 years and still reach the promised land of retirement somewhere around age 53? Joe Anderson, CFP® and Big Al Clopine, CPA spitball early retirement, today on Your Money, Your Wealth® podcast 502. Plus, it seems weird to Elizabeth in Connecticut that nearly all of her $5M is in taxable accounts. Is that good or bad? N&amp;N in San Francisco Bay Area have $10 million liquid. Should they make Roth contributions and Roth conversions now, or wait until they retire? Access free financial resources and the episode transcript: &lt;strong&gt;&lt;a href="https://bit.ly/ymyw-502" target="_blank" rel= "noopener"&gt;https://bit.ly/ymyw-502&lt;/a&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p class="p1"&gt;&lt;strong&gt;WATCH:&lt;/strong&gt; &lt;a href= "https://purefinancial.com/ymyw/episodes/how-to-avoid-wealth-busters/?utm_source=LibsynDestinations&amp;utm_medium=EpDescription&amp;utm_campaign=YMYW-502"&gt; &lt;strong&gt;How to Avoid Wealth Busters&lt;/strong&gt;&lt;/a&gt; &lt;strong&gt;on YMYW TV&lt;/strong&gt;&lt;/p&gt; &lt;p class="p1"&gt;&lt;strong&gt;DOWNLOAD the&lt;/strong&gt; &lt;a href= "https://purefinancial.com/white-papers/wealth-busters-to-avoid/?utm_source=LibsynDestinations&amp;utm_medium=EpDescription&amp;utm_campaign=YMYW-502"&gt; &lt;strong&gt;Wealth Busters to Avoid Guide&lt;/strong&gt;&lt;/a&gt;&lt;/p&gt; &lt;p class="p1"&gt;&lt;strong&gt;CALCULATE your&lt;/strong&gt; &lt;a href= "https://purefinancial.com/financialblueprint/?utm_source=LibsynDestinations&amp;utm_medium=EpDescription&amp;utm_campaign=YMYW-502"&gt; &lt;strong&gt;Financial Blueprint&lt;/strong&gt;&lt;/a&gt; &lt;strong&gt;for free&lt;/strong&gt;&lt;/p&gt; &lt;p class="p3"&gt;&lt;span class="s1"&gt;&lt;strong&gt;REQUEST: Ask Joe &amp; Big Al for your&lt;/strong&gt; &lt;a href= "https://purefinancial.com/ymyw/ask-joe-and-al/?utm_source=LibsynDestinations&amp;utm_medium=EpDescription&amp;utm_campaign=YMYW-502"&gt; &lt;span class="s2"&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="p4"&gt;&lt;span class="s3"&gt;&lt;strong&gt;SCHEDULE:&lt;/strong&gt; &lt;a href= "https://purefinancial.com/lp/free-assessment/?utm_source=LibsynDestinations&amp;utm_medium=EpDescription&amp;utm_campaign=YMYW-502"&gt; &lt;span class="s2"&gt;&lt;strong&gt;free financial assessment&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s3"&gt;&lt;strong&gt;SUBSCRIBE:&lt;/strong&gt; &lt;a href= "https://www.youtube.com/playlist?list=PLaYddQ5LA8egnNwVr1qIkg8DDOeIbrCkI"&gt; &lt;span class="s2"&gt;&lt;strong&gt;YMYW on YouTube&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&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=EpDescription&amp;utm_campaign=YMYW-502"&gt; &lt;span class="s2"&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="p4"&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=EpDescription&amp;utm_campaign=YMYW-502"&gt; &lt;span class="s2"&gt;&lt;strong&gt;financial blogs&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&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=EpDescription&amp;utm_campaign=YMYW-502"&gt; &lt;span class="s2"&gt;&lt;strong&gt;educational videos&lt;/strong&gt;&lt;/span&gt;&lt;/a&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s3"&gt;&lt;strong&gt;SUBSCRIBE:&lt;/strong&gt; &lt;a href= "https://purefinancial.com/lp/newsletter-sign-up/?utm_source=LibsynDestinations&amp;utm_medium=EpDescription&amp;utm_campaign=YMYW-502"&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="p1"&gt;&lt;strong&gt;Timestamps:&lt;/strong&gt;&lt;/p&gt; &lt;p class="p1"&gt;00:00 - Intro: This Week on the YMYW Podcast&lt;/p&gt; &lt;p class="p1"&gt;00:58 - Can I Retire at 57? When to Collect Social Security? Can I Afford a Motorhome? (Bauer &amp; Laney, Mundelein, IL - voice)&lt;/p&gt; &lt;p class="p1"&gt;07:47 - Can We Coast and Still Reach the Retirement Promised Land in Ten Years? (Brad, MI)&lt;/p&gt; &lt;p class="p1"&gt;14:20 - Watch How to Avoid Wealth Busters on YMYW TV, download the Wealth Busters to Avoid Guide&lt;/p&gt; &lt;p class="p1"&gt;15:00 - We've Got $10M Liquid: Roth Contributions &amp; Conversions Now or Wait Until Retirement? (N&amp;N, SF Bay area)&lt;/p&gt; &lt;p class="p1"&gt;24:58 - Calculate Your Free Financial Blueprint&lt;/p&gt; &lt;p class="p1"&gt;25:36 - Seems Weird That Our Money is in Taxable Accounts. Is That Good or Bad? (Elizabeth, CT)&lt;/p&gt; &lt;p class="p1"&gt;31:57 - 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

Spitballing Early Retirement for the One Percenters - 502

NOV 5, 202433 MIN
Your Money, Your Wealth

Spitballing Early Retirement for the One Percenters - 502

NOV 5, 202433 MIN

Description

Can Bauer in Illinois retire at age 57, and when should he collect Social Security? More importantly, can he afford a $300,000 motor home? Can Brad in Michigan coast for the next 10 years and still reach the promised land of retirement somewhere around age 53? Joe Anderson, CFP® and Big Al Clopine, CPA spitball early retirement, today on Your Money, Your Wealth® podcast 502. Plus, it seems weird to Elizabeth in Connecticut that nearly all of her $5M is in taxable accounts. Is that good or bad? N&N in San Francisco Bay Area have $10 million liquid. Should they make Roth contributions and Roth conversions now, or wait until they retire? Access free financial resources and the episode transcript: https://bit.ly/ymyw-502

WATCH: How to Avoid Wealth Busters on YMYW TV

DOWNLOAD the Wealth Busters to Avoid Guide

CALCULATE your Financial Blueprint for free

REQUEST: Ask Joe & Big Al for your Retirement Spitball Analysis

SCHEDULE: free financial assessment

SUBSCRIBE: YMYW on YouTube

DOWNLOAD: more free guides

READ: financial blogs

WATCH: educational videos

SUBSCRIBE: YMYW Newsletter

Timestamps:

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

00:58 - Can I Retire at 57? When to Collect Social Security? Can I Afford a Motorhome? (Bauer & Laney, Mundelein, IL - voice)

07:47 - Can We Coast and Still Reach the Retirement Promised Land in Ten Years? (Brad, MI)

14:20 - Watch How to Avoid Wealth Busters on YMYW TV, download the Wealth Busters to Avoid Guide

15:00 - We've Got $10M Liquid: Roth Contributions & Conversions Now or Wait Until Retirement? (N&N, SF Bay area)

24:58 - Calculate Your Free Financial Blueprint

25:36 - Seems Weird That Our Money is in Taxable Accounts. Is That Good or Bad? (Elizabeth, CT)

31:57 - Outro: Next Week on the YMYW Podcast