Where to Save for Early Retirement? - 408

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

🗓️ 13 December 2022

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Asset location strategies, liquidity, and building up tax-free Roth IRA money when retiring early, how growth is taxed in taxable accounts, the pros and cons of rolling an employer retirement plan into a traditional IRA, how stock futures are determined and why stock price matters, and buying 8-week treasuries. And, if you’re planning to make a killing on eBay or at your next garage sale, the fellas get into the weeds on how to maximize your tax savings. Show notes, free financial resources, transcript, Ask Joe & Big Al On Air: https://bit.ly/ymyw-408

Transcript

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0:00.0	Today on Your Money, Your Wealth podcast number 408, Joe and Big Al discuss asset location strategies and focusing on liquidity and building up tax-free Roth IRA money before an early retirement.
0:11.9	Also, in no particular order, how exactly is growth taxed in your taxable accounts?
0:17.4	What are the pros and cons of rolling an employer retirement plan into a traditional IRA?
0:22.7	How are stock futures determined and why the stock price matter anyway? Is buying eight-week
0:28.2	treasuries a good strategy? And if you're planning on making a killing on eBay or at your next
0:33.3	garage sale, the fellas get into the weeds on how to maximize your tax savings when you
0:37.9	sell your old junk at a loss. Visit Your Money, Your Wealth.com, and click Ask Joe and Big Al
0:43.3	on air to send in your money questions via email or priority voice message. I'm producer Andy
0:48.5	last and here are the hosts of Your Money, Your Wealth, Joy Anderson, CFP, and Big Al Clopine
0:54.1	CPA.
0:55.7	Happy holidays, everyone.
0:58.2	Let's get right to it, Andy.
0:59.9	Do we got, is this a recording or is this or do I read this?
1:02.9	We do have a recording.
1:04.1	We can hit that one right off at the top.
1:05.7	Here we go.
1:06.3	Hey, everyone.
1:07.0	This is Mark.
1:08.1	I live in San Diego.
1:09.4	I'm 32 years old.
1:13.5	I work in a shipyard. And my drink of choice lately has been O'Dules. But I can't argue with a good cold Coors Light. I ride a 1974
1:20.5	Centurion Road bicycle, but for fun, I have a 2019 Yamaha MT-10. I don't have any financial
	...

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