One of the things I love to do most is talk about all of my amazing clients.

Now, you all are going to get to hear from them today, even though they're not actually going to be speaking on the podcast. Now, in 2024, I am going to be having some current clients come on the podcast, of course, with their permission because they want to talk to all of you listeners to make sure that you get to hear it from them as well as from me. So some fun stuff coming to all of you guys

in more detail throughout 2024. But today's video specifically, this podcast, is me going over

five successful things, my early retirees, meaning my clients who retired early. A lot of you guys,

I know are listening to this right now, who are these clients and they're

excited that I'm about to share this information because they were the one that provided it to me.

I want to make sure that you guys are absolutely understanding what you need to do to put yourself

in the best position possible for successful, a fulfilling, a fun, a financially optimal early

retirement. So we're going to be going through this fun stuff in today's video. The next podcast I'm going to do are 10 things to avoid doing. So this is almost like a part one, but if you didn't listen to this one or only listen to the other one, it's still going to resonate and be helpful for you. This is a podcast episode that I've been waiting to record for some time. I've been speaking with my clients about this that we could really prioritize, hey, what do my listeners? I'll really want to make sure that they are hearing. So can't wait to hop in. As always, I am R.A. Taubleve, a certified financial planner, vice president here at Rue and host of the early retirement podcast. With that being said, let's hop right in. And the first one is absolutely having more control over their taxable income. What does that mean? This is the first one that my client's night came up with. And the secret here is called the superhero account. It is the brokerage account. It is the joint account. It is the taxable account. It is the account. I have a client that's going to send me a cape that says superhero brokerage, which some of you are going to laugh at and call me a total nerd, which justifiable here. But the premise is simple. When you have a brokerage account, it keeps your taxable income really, really low. So it allows you to not only bridge the gap, if you're retiring it any time before 59 and a half, and you're wondering, where's's income going to come from and you don't want to use the rule of 55 or any of these other concepts I talk about for an early retirement is you have control over your income now I am big on keeping everything we're going to talk about very simple because it is very quick that this can become overwhelming and I do not want that to be the case so here's what I need you to do

I need you to open a brokerage account and sometimes I tell my clients I don't want you to max out your 401k and they're like what do you mean I've maxed out all my life look at that great account balance there I'll say yeah you are qualified rich cash poor you have too much money inside your 401k and all they hear is too much money and go, that's good, right? I go, you have too much money in the wrong places.

I want enough in that broker. much money inside your 401k. And all they hear is too much money and go, that's good, right? I go,

you have too much money in the wrong places. I want enough in that brokerage account. So if you want to quit your job or you don't love what you're doing, you can and not subject yourself to taxes and penalties and all these different fees if you have to pull from your IRA or 401k or Roth IRA because you didn't wait long enough. So I want to make sure you have this brokerage account.

The brokerage account, let's assume, your IRA or 401 or Roth IRA because you didn't wait long enough. So I want to make sure you

have this brokerage account. The brokerage account, let's assume that you have some positions in there,

Apple stock, Microsoft, Amazon. When you take that money out, as long as you've held it for over a year,

it's capital gains treatment. Capital gains treatment is much lower than ordinary income treatment more often than not.

So the reason I'm telling you this is having that brokerage account, that's going to help

bridge the gap until you want to actually pull in from your traditional retirement accounts,

like your IRAs and 401Ks and Roth IRAs. So my clients that successfully retired early,

they opened that brokerage account.

They opened it up early.

And they were understanding how much they should save into it so that they don't oversave,

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