In this episode: financial advisor breakups, I bonds, the 4% rule, second generation FI, Roth IRAs, and the listener mailbag.
Breakups are hard, but breaking up with a financial advisor can be harder given the minutia that is often involved in doing so. It’s good to have friends to lean on in times like this, which is exactly why we have the FI Tax Guy himself Sean Mullaney with us to help! Listen along as he and Brad dip back into the listener mailbag this week and discuss a myriad of topics submitted by YOU the listener!
The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual.
Sean Mullaney:
- Website: fitaxguy.com
- Sean’s Roth IRA Blog Post: How I Learned To Stop Worrying About The Roth IRA 5 Year Rules
Timestamps:
- 0:43 – Introduction/Breaking Up With Your Financial Advisor
- 15:13 – The Taxable Nature of Financial Breakups
- 22:11 – I Bonds
- 29:12 – The 4% Rule and Age
- 35:40 – Second Generation FI and Accounts
- 43:48 – Early Roth IRA Conversions
- 48:18 – Roth IRA’s and 5-Year Rules
- 57:24 – Conclusion
Resources Mentioned In Today’s Episode:
- Early Retirement Now
- BiggerPockets Money Podcast
- Join ChooseFI’s Facebook Group
- Make Your Kid a Millionaire: Roth IRA for Kids
- The Wealth Letters
- Jillian Johnsrud
- 017R | The Roth IRA Conversion Ladder | A Case Study
- Roth IRA Conversion Ladder Case Study | ChooseFI Ep. 163r
- Subscribe to The FI Weekly!
