Move Money From a 401(k) to a Roth?
Ramsey Everyday Millionaires
Ramsey Network
4.6 • 3.6K Ratings
🗓️ 15 August 2022
⏱️ 6 minutes
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Summary
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| 0:00.0 | You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth, |
| 0:10.5 | and outrageous generosity. |
| 0:14.0 | Pete is in Boston. |
| 0:15.5 | Hey Pete, how are you? |
| 0:17.7 | How are you, Dave? |
| 0:18.7 | Thank you again for taking my call. |
| 0:20.2 | I talked to you about 18 months ago. |
| 0:22.0 | I followed your advice about taking off my mortgage and your rights and grasses. |
| 0:26.7 | It really does feel greener. |
| 0:28.1 | Why did it go, Dave? |
| 0:31.0 | Your piece of mind is priceless, but I did have another question, Dave. |
| 0:37.0 | 65 years old, I have around 2.4 million in between 401 and IRA. |
| 0:46.9 | I also have individual stocks and taxable mutual funds worth about 520. |
| 0:54.4 | I just sold an inherited house and I have about 140,000 dollars. |
| 1:01.4 | My question to you is, I don't have any worth. |
| 1:04.8 | None of my assets are in raw. |
| 1:08.0 | I'm wondering at this stage of the game at my age, should I be getting involved with |
| 1:12.0 | raw? |
| 1:13.0 | Should I use some of this money from the house to pay the federal tax to get the property |
| 1:20.6 | transferred? |
| 1:21.6 | How old are you again? |
| 1:23.6 | 65, going to be 66. |
... |
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