3035: [Part 1] Generating Retirement Income Before Age 59 by Darrow Kirkpatrick of Can I Retire Yet

Optimal Finance Daily - Financial Independence and Money Advice

İçerik Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam tarafından sağlanmıştır. Bölümler, grafikler ve podcast açıklamaları dahil tüm podcast içeriği doğrudan Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam veya podcast platform ortağı tarafından yüklenir ve sağlanır. Birinin telif hakkıyla korunan çalışmanızı izniniz olmadan kullandığını düşünüyorsanız burada https://tr.player.fm/legal özetlenen süreci takip edebilirsiniz.

1M ago 11:04

MP3•Bölüm sayfası

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 3035:

Darrow Kirkpatrick explores various strategies, from leveraging taxable investment accounts to taking advantage of Roth contributions and employer-based 401(k) rules. With careful planning, it's possible to generate income while preserving long-term financial security.

Read along with the original article(s) here: https://www.caniretireyet.com/generating-retirement-income-before-age-59/

Quotes to ponder:

"You can withdraw the contributions you made to your Roth at any time, and you pay neither taxes nor penalties."

"Taxable accounts are the unsung heroes of retirement saving."

"Depending on the timing, this rule could give you more than four years of penalty-free retirement income before reaching age 59-½."

Episode references:

Oblivious Investor post on the Age 55 Rule: https://obliviousinvestor.com/

How to Access Retirement Funds Early by Mad Fientist: https://www.madfientist.com/how-to-access-retirement-funds-early/

Learn more about your ad choices. Visit megaphone.fm/adchoices

3761 bölüm