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The Rachel Cruze Show

Crucial Retirement Decisions You Need to Make by Age

The Rachel Cruze Show

Ramsey Network

Self-improvement, Education, Investing, Business

4.83.6K Ratings

🗓️ 7 November 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

💰 Check out Ramsey’s Complete Guide to Investing .   The retirement process can feel complicated, but it’s something everyone faces at some point. So in this episode, find out seven age-specific rules you need to know as you prepare—no matter how close or far away you are.     Next Steps: 📈 Are you on track with the Baby Steps? Get a free personalized plan.  🎥 Watch my video 5 Simple Habits Quiet Millionaires Swear By . 💵 Start your free budget today! Download the EveryDollar app. ⚕️ Talk with a RamseyTrusted® Medicare advisor.   Connect With Our Sponsors: Learn more about Christian Healthcare Ministries today! Get 20% off your DeleteMe plan when you join. Go to FAIRWINDS Credit Union for an exclusive account bundle! Turn to Minno for kids shows you can trust. Use code RACHEL for 47% off.   Explore More From Ramsey Network:🍸 Smart Money Happy Hour 🎙️ The Ramsey Show   💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership   Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The retirement process can feel like a lot of hoops to jump through.

0:09.2

And since this is something that everyone is going to face at some time, I'm going to be sharing

0:14.1

seven age-specific rules that you need to know when it comes to retirement.

0:19.9

Be sure to like, subscribe, and share this episode with

0:22.3

a friend. Okay, so here are some common questions that I get when it comes to retirement, and the

0:27.0

answers are actually age-specific. Okay, so number one, when can you roll a 529 college fund into a

0:35.1

Roth IRA retirement account? So this is something that was passed a few years ago, which was wonderful, is that if you have

0:42.2

money in a 529, you can actually roll some of that money into a Roth IRA.

0:48.1

A 529 is a college fund, but if you don't use all that money and it's sitting in there,

0:53.2

you can actually use some of it.

0:55.0

So if this account has been open for 15 years or more, you can roll up to $35,000 from a $529 into a Roth IRA,

1:06.1

which is absolutely incredible.

1:07.8

So remember that.

1:09.4

And what's important, too, is when you can do that and you can,

1:12.6

let's say that, you know, your past 21 and maybe your parents have had that open since you were a kid,

1:17.6

like you can start actually funding your Roth pretty aggressively, which is incredible,

1:21.5

because compound interest is your friends. Now remember, if you do get scholarships,

1:25.8

you can actually withdraw the same amount of your

1:28.4

scholarship from the 529 without the 10% penalty, which is wonderful as well.

1:34.4

All right.

1:34.7

Number two, when can you start making catch-up contributions?

1:39.3

So when you are funding your Roth IRA or your 401K or your traditional IRA, there are limits of how much

...

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