447 | Mailbag: Breaking up with your Advisor, I Bonds, 4% Rule, Accounts for Kids, Roth IRAs | Sean Mullaney
ChooseFI
English - July 24, 2023 05:00 - 57 minutes - 79.9 MB - ★★★★★ - 4.8K ratingsInvesting Business Education firemovement passiveincome personalfinancepodcast careers daveramsey earlyretirement financialindependence frugalliving habits investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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 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 plethora of topics submitted by YOU the listener!
Sean Mullaney:
Website: fitaxguy.com Sean's Roth IRA Blog Post: How I Learned To Stop Worrying About The Roth IRA 5 Year RulesTimestamps:
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 The Roth IRA Conversion Ladder | A Case Study | ChooseFI Ep. 17r Roth IRA Conversion Ladder Case Study | ChooseFI Ep. 163r Subscribe to The FI Weekly!
More Helpful Links and Resources:
Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance
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 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 plethora of topics submitted by YOU the listener!
Sean Mullaney:
Website: fitaxguy.com Sean's Roth IRA Blog Post: How I Learned To Stop Worrying About The Roth IRA 5 Year RulesTimestamps:
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 The Roth IRA Conversion Ladder | A Case Study | ChooseFI Ep. 17r Roth IRA Conversion Ladder Case Study | ChooseFI Ep. 163r Subscribe to The FI Weekly!
More Helpful Links and Resources:
Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance