Can You Retire Early at Age 50 or 60? - 462

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3 • 681 Ratings

🗓️ 2 January 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Can Clark Kent’s dad in Hutchinson, Kansas retire at age 50? Will Devin in South Carolina be fat and happy or cutting calories if he retires at 59 and a half? Can Scott Magic in Idaho retire to a good and simple life at age 60? Gina and her wife are 52 and 58. Can they retire in four years, and how much should they be putting in their Roth accounts? Plus, Frenchie in Maine needs a spitball on a Roth conversion strategy with Canadian retirement funds, and Andi shares what she knows about target date funds.

Timestamps:

00:49 - Can Superman’s Dad Retire at Age 50? (Martha Kent, Hutchinson, KS)
07:23 - Can We Retire to a Good Simple Life at Age 60? (Scott Magic, ID)
14:12 - Fat & Happy in Retirement or Cutting Calories at Age 59 and a Half? (Devin, SC)
20:56 - We're 52 and 58. Can We Retire in 4 Years? How Much Should We Put in Roth? (Gina, WA)
28:06 - Canadian Retirement Roth Conversion Strategy? Target Date Funds? (Frenchie, Maine)
37:06 - The Derails

Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-462

EASIretirement.com free retirement calculator
Episode Transcript
Ask Joe & Big Al On Air for your Retirement Spitball Analysis

Transcript

Click on a timestamp to play from that location

0:00.0	Happy New Year, friends. Let's kick it off with some spitballing. Can Clark Kent's dad in Hutchinson, Kansas, retire at age 50? Will Devin in South Carolina be fat and happy or cutting calories if he retires at 59 and a half? Can Scott Magic in Idaho retire to a good and simple life at age 60? Gina and her wife are 52 and 58.
0:21.8	Can they retire in four years and how much money should they be putting in their
0:25.4	Roth accounts?
0:26.4	That's all today on Your Money, Your Wealth podcast number 462.
0:30.5	Plus, Frenchie in Maine needs a spitball on a Roth conversion strategy with Canadian
0:35.1	retirement funds.
0:36.7	And since Frenchie would like me to talk more, I'll tell you what I know about Target Date
0:40.9	funds.
0:41.7	I'm producer Andy Last, and here are the hosts of your money, your wealth, Joe Anderson,
0:46.0	CFP, and Big Al Clopline CPA.
0:48.9	We got Martha Kent from Hutchinson, Kansas.
0:53.3	Martha Kent, that. Martha Kent.
0:55.8	That's Clark Kent's mother.
0:57.2	Really?
0:58.2	Wow.
0:59.0	Good memory.
1:02.1	When it comes to movies, still trout.
1:03.4	You don't miss anything, do you? All right, guys, a long time listener.
1:07.6	Sometimes I skip new episodes because of the new format. We have a new format. I think she's
1:14.4	talking about the fact that there's derails at the end of each episode. So that means that the
1:17.9	episode itself is kind of shorter. She says there's less meat. So she actually, we emailed her and
1:23.6	asked her about it and said, what do you mean? And she said she just racks them up and then listens to
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Your Money, Your Wealth, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Your Money, Your Wealth and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.