Welcome to the Jill on Money Show. It's Sunday, November 17th, and today we're airing the second

part of my appearance on Ask the Compound with Ben Carlson and Duncan Hill. Again, this is a program

that is on a YouTube channel called The Compound and Friends, and we have a show there called

Jill on Money powered by the Compound. You can and we have a show there called Jill on Money

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In this part of the interview, Ben and Duncan and I are talking about someone who wants

to retire at age 36.

Wow.

This starts with Duncan reading the question, and sometimes we're referencing charts, but don't worry,

it still works for audio. Check it out. Okay, up next we have one from David. I'm planning to retire next year,

age 36, on a 5 to 6% withdrawal rate from my non-retirement accounts. Given that I can't touch

my retirement accounts for another 23 and a half years without paying penalties, would you recommend doing annual Roth conversions up to the standard deduction to avoid paying taxes to avoid overdrawing from my non-retirement accounts?

Big time fire guy here, 36 years old.

Wow, what are you going to do? What's he going to do at 36?

That is the big question. What are you going to do with your time? Probably become a fire blogger, I would imagine. First blush 5 to 6% seems high, but it sounds to me like he's going to use the 5% to 6% for the next 20 whatever years while he can't touch his retirement accounts and then transition to using retirement accounts from that point. point. So I guess the 5 to 6% of the initial blush seems high, but it's probably not as high as it seems because it's going to, that money will

probably run out eventually, I guess, would be the option. So let's say that his plan works out

and he retires at 36, then he can finally start using his determined assets in like 25 years.

Does this make sense to the annual Roth conversions? Are you on board of that?

Well, I'm unclear because I need to know the actual dollar amounts. So I think the problem is, like,

I would hate to soak up all of your liquidity doing Roth conversions. That's the only thing

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