You Have Enough to Retire Before 60. Why Are You Still Working? - 580
Your Money, Your Wealth
Your Money, Your Wealth
4.6 • 790 Ratings
🗓️ 5 May 2026
⏱️ 46 minutes
🧾️ Download transcript
Summary
Today on Your Money, Your Wealth® podcast number 580, Joe Anderson, CFP®, and Big Al Clopine, CPA, are spitballing for some folks who've done the work, hit the numbers, but aren’t sure if they can really walk away yet. Martha in DC is 44 and says her soul is being sucked out of her body by her employer. When can she stop working full-time and foster puppies instead? “Bandit” is bullish on his company stock in archeology instruments, but not so much on his work itself. “Kevin” is staring down a wall of deferred comp and needs a spitball on how aggressive his and “Winnie’s” Roth conversion strategy should be before RMDs hit. Can both “Bandit and Chilli” and “Kevin and Winnie” call it quits this year?
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https://bit.ly/ymyw-580 (full show notes & episode transcript)
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Chapters:
00:00 - Intro: This Week on the YMYW Podcast
00:56 - Can We Exit the Rat Race in Our 40s With $6.5M? (Martha & George, DC)
16:07 - Can I Retire at 51 Without Using Rule of 55? (Bandit & Chilli, CA)
36:29 - Can I Retire Before My $3M Deferred Comp Pays Out? (Kevin & Winnie, Chicago)
44:28 - Outro: Next Week on the YMYW Podcast
Transcript
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| 0:00.0 | Today on your money, your wealth podcast number 580, Joe and Big Al are spitballing for some folks who've done the work, hit the numbers, but aren't sure if they can really walk away yet. |
| 0:10.5 | Martha in DC is 44 and says her soul is being sucked out of her body by her employer. |
| 0:15.6 | When can she stop working full-time and foster puppies instead? |
| 0:19.7 | Bandit is bullish on his company stock in archaeology instruments, but not so much on his work itself. |
| 0:25.6 | Kevin is staring down a wall of deferred comp and needs a spitball on how aggressive his and Winnie's |
| 0:30.6 | Roth conversion strategy should be before RMD's hit. |
| 0:34.6 | Can both Bandit and Chili and Kevin and Winnie call it quits this year? Do us a favor and leave your honest rating and review in Apple Podcasts. It's a big part of how new listeners find a finance show that doesn't sound like a tax seminar. I'm executive producer Andy Last and here are the hosts of your money, your wealth, Jolly Anderson CFP, and Bigelope-L-Clap-L-C-A. |
| 0:56.1 | We got Martha from Washington, D.C., |
| 1:00.0 | Joe Begall, Martha here from Washington, D.C. |
| 1:03.4 | Your show is cooking because Andy has y'all rocking. |
| 1:09.1 | Oh, thank you, Martha. |
| 1:11.1 | I found you guys eight months ago |
| 1:12.6 | and eagerly await new spitballs every Tuesday. |
| 1:14.8 | Enjoy listening to the show after pouring a red glass of wine |
| 1:17.9 | drawing a warm bubble bath in reclining, |
| 1:21.6 | listening to Big Al's smooth, fair-tone bows. |
| 1:24.9 | Is that what you do when you take a bath? |
| 1:29.0 | While Joe's hilarious commentary keeps me laughing. |
| 1:33.2 | Oh, thank you, Martha. |
| 1:35.1 | You do, remember we can do text chat? |
| 1:37.0 | I know. |
| 1:37.5 | I still could. |
... |
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