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Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

How To Use Your IRA To Take Advantage Of This Market Downturn

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Ari Taublieb, CFP®, MBA

Retirement Planning, Save On Taxes, Careers, Personal Finance, Retirement, How To Retire, Business, Real Estate Investing, Investing, Stock Investing, Early Retirement, Entrepreneurship

4.7585 Ratings

🗓️ 31 October 2022

⏱️ 15 minutes

🧾️ Download transcript

Summary

In today's episode of the Early Retirement Podcast, Ari Taublieb discusses how you can use your IRA to take advantage of the current market downturn. This strategy can result in hundreds of thousands of more dollars in retirement, tax-free. Questions answered: How can I implement a Roth Conversion?What is the best strategy to determine if a Roth Conversion makes sense?What other strategies exist to save on taxes?Ari Taublieb, MBA is the Vice President of Root Financial Partners and a Fiducia...

Transcript

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0:00.0

A very warm welcome to the early retirement show, the show dedicated to helping you navigate the nuances of an early retirement, a non-traditional retirement.

0:10.2

Now, let's get right into the episode so we can learn how to retire early.

0:16.5

Hello, everybody, and welcome back to the early retirement podcast.

0:20.1

If you've been enjoying the show, please do rate the show. That is how more people find it. Leave a kind review if there's something particular that you said, Hey, Ari, this really resonated with me. Or this one topic that you talked about, well, I just haven't heard it explained that way. So my goal is to make this fun. I know retirement planning and investing in taxes, it can all often feel overwhelming. So once again, my goal is to make this fun and give you actionable tips that you can go, okay, that's how I can really start to implement in early retirement. Here are the tips and strategies to think about. So once again, all of this and more is on my YouTube channel where you can go ahead and follow along by viewing this content.

0:55.2

I know hearing it can certainly be helpful.

0:57.1

I had someone actually submit a listener question two weeks ago who said, Ari, helpful to see

1:02.2

the YouTube, but I actually listened to your podcast working out so I don't need your YouTube.

1:05.3

And it was just too funny that I just wanted to share it with you all because it really is

1:09.3

kind of becoming a mini community,

1:15.5

especially on YouTube. And it was just funny because you're able to digest this information during your workouts. Oh my gosh, that is very impressive because when I listen to other podcasts,

1:21.0

as I am an avid podcast fan, I'm taking notes and I'm trying to make sure I don't forget something

1:26.3

so I can implement it later.

1:28.0

And so kudos to you.

1:29.5

I will certainly not share the name of who submitted that question.

1:32.4

In fact, I'll never share the name as long as you inform me that you would like to stay anonymous.

1:36.9

So for those of you who do submit questions for episodes, thank you.

1:40.6

Please continue to submit those questions at early retirement podcast.com

1:44.5

slash submit your question and I will look to answer it in a future episode at a minimum.

1:48.6

I respond to everybody, every single response.

1:51.3

So thank you.

1:51.9

Please keep those coming.

1:53.1

Let's hop into today's episode, which is one of the most overlooked retirement strategies

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