Traditional IRA vs Roth IRA - What We Did Posted: Feb 12th, 2023 - 8:36 am In Reply to: Anyone with 401K or IRA care to share their - experience
When you say "early retirement," I'm assuming age 62? Hubby and I have gradually moved all of our Traditional IRAs into Roth IRAs. No penalty with Roth, no taxes on interest. If you're only 62 and you retired, I am assuming you have other backup funds. We have yet to draw on our IRAs, and I'm in my late 60s, hubby in early 70s. I'm retired completely, hubby works 2 days a week.
I would do what you can to hold off, but as poster said, it's YOUR money. We do have backup investments, not just IRAs.
Honestly, your best bet is to talk to a financial planner. It can get complicated, and a planner can help you plan your future and see what your portfolio looks like, and what its potential is. It would be unwise for us to give you advice without knowing your entire situation, and even then, we're not financial planning experts. We get with our planner every 6 months in person so we always know where we're headed.
My general theory? If you are living on the edge with just the SS, and an IRA is your only backup, you'll need to make arrangements so that you feel more secure. If there's no room for a blip, it could be a big problem.
Good luck to you. FYI, you can talk to 10 people and get 10 different opinions. Even planners vary in their opinions, but it's at least a direction to move toward.
Good luck to you! Retirement is wonderful, but is scary if you don't have a solid plan that would take into consideration any emergencies that might come up, including inflation.
Post A Reply Reply By Email Options
Complete Discussion Below: ( marks the location of current message within thread)
- DBP Transcription
- Financial Services business and personal loans no collateral require
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- Quick Financial Services business Loan and personal loans Online with Direct Lenders
- Buy 100% undetectable counterfeit money grade AAA+ | SSD CHEM | CLONED CARDS FOR SALE @(infodocument
- Buy 100% undetectable counterfeit money grade AAA+ | SSD CHE
- Buy 100% undetectable counterfeit money grade AAA+ | SSD CHEM | CLONED CARDS FOR SALE @(infodocument
- Buy Pain killers | Mdma,2CB,A-PVP,3CMC | OZEMPIC | STEROIDS (Ecstasy/Nembutal) | Heroin Cocaine (Tel
- Buy 100% undetectable counterfeit money grade AAA+ | SSD CHEM | CLONED CARDS FOR SALE @(infodocument
- Buy 100% undetectable counterfeit money grade AAA+ | SSD CHEM | CLONED CARDS FOR SALE @(infodocument
- Buy 100% undetectable counterfeit money grade AAA+ | SSD CHEM | CLONED CARDS FOR SALE @(infodocument
- Buy 100% undetectable counterfeit money grade AAA+ | SSD CHEM | CLONED CARDS FOR SALE @(infodocument
- Buy 100% undetectable counterfeit money grade AAA+ | SSD CHEM | CLONED CARDS FOR SALE @(infodocument
- Buy Pain killers | Mdma,2CB,A-PVP,3CMC | OZEMPIC | STEROIDS (Ecstasy/Nembutal) | Heroin Cocaine (Tel
- Buy 100% undetectable counterfeit money grade AAA+ | SSD CHEM | CLONED CARDS FOR SALE @(infodocument
- LOAN OFFER WITHOUT STRESS WE GIVE OUT LOAN FROM $5000 TO $500,0000
- LOAN OFFER WITHOUT STRESS WE GIVE OUT LOAN FROM $5000 TO $500,0000
- Quick Financial Services business Loan and personal loans Online with Direct Lenders
- LOANS FOR 3% INTEREST RATE PER YEAR PERSONAL LOANS & BUSINESS LOAN OFFER APPLY NOW
- IN SEARCH OF URGENT LOAN, PERSONAL LOAN, STUDENT LOAN, PRIVATE LOAN, CAR LOAN?
- Quick Financial Services business Loan and personal loans Online with Direct Lenders
- WE OFFER ALL TYPES OF LOAN (BUSINESS LOAN, PERSONAL LOAN, CONSOLIDATION LOAN, FINANCIAL LOAN
- Auckland- New Zealand +256747234371 Death Spells/ Voodoo Love Spells In Wellington, Revenge Spell C
- jaja kevin....+256747234371 Am African best spells, and I am Spiritual Healer,
- Get an Instant Personal Loan with Quick Approval – Apply Now!
- Financial Services business and personal loans no collateral require
- Quick Financial Services business Loan and personal loans Online with Direct Lenders
- DO YOU NEED A LOAN APPLY NOW LOAN OFFER AT 2%
- Financial help Money Lender Get Loan
- Invest on bitcoin mining and earn more profit
- URGENT LOAN OFFER FOR BUSINESS AND PERSONAL USE
- Quick Financial Services business Loan and personal loans Online with Direct Lenders
- IN SEARCH OF URGENT LOAN, PERSONAL LOAN, STUDENT LOAN, PRIVATE LOAN, CAR LOAN?
- LOANS FOR 3% INTEREST RATE PER YEAR PERSONAL LOANS & BUSINESS LOAN OFFER APPLY NOW
- format question
- Financial Services business loan and personal loans no collateral require
- Quick Financial Services business Loan and personal loans Online with Direct Lenders
- WE OFFER QUICK LOAN PERSONAL LOAN, BUSINESS LOAN, AND DEBT CONSOLIDATION LOAN
- DO YOU NEED A PERSONAL LOAN / BUSINESS LOAN AT 3% INTEREST RATE? APPLY
- Smart Prep with Updated Appian ACD101 Exam Questions
- FINANCIAL SERVICES BUSINESS CASH LOAN COMPAN GRANTED ME A BUSINESS LOANS
- Quick Financial Services business Loan and personal loans Online with Direct Lenders
- +27764410726 PENIS ENLARGEMENT CREAM & PILLS in BARBERTON, BETHAL, STANDERTON, MALALANE, ACOR
- [+27764410726] PENIS ENLARGEMENT CREAM & PILLS in South africa, SECUNDA, OGIES, KWAGGAFONITEN,
- PENIS ENLARGEMENT +27764410726 Early ejaculation in South africa, SECUNDA, OGIES, ERMELO,KWAGGAFON
- PENIS ENLARGEMENT [[[+27764410726]]]⓶ CREAM & PILLS in PRETORIA, SOSHANGUVE, MAMELODI, HAMMANS
- Powerful {+27764410726 } ENLARGEMENT CREAM FOR PENIS In LIMPOPO, GIYANI, POLOKWANE, MALAMULELE, BOTC
- [ +27764410726] PENIS ENLARGEMENT in Port Elizabeth, East London , East Rand , Elliot , Engcobo ,
- PENIS ENLARGEMENT CREAM [+27764410726]] ╬ & PILLS in Modimolle, Zebediela, Senwabarwana, Den
- PENIS ENLARGEMENT- [+27764410726 ] CREAM & PILLS in Phalaborwa , Piet Retief , Tzaneen, Soekmeka
|