Ep. 74: Don’t Wait To Spend Your Roth Accounts!

The conventional wisdom is to spend down your taxable accounts first, then your tax-deferred accounts, and finally your tax-free accounts.  However, this may not always be the case.  

In this episode, I’ll break down the case of “Rory and Erica” on the whiteboard, which goes against this conventional wisdom.  

We’ll cover max spending strategies, optimal investment strategies, tax-efficient withdrawals, charitable giving, and long-term care planning.

I hope you enjoy this edition of the Whiteboard Retirement Plan!  Make sure to share this with someone who would find it useful.

-Kevin 

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This is for general education purposes only and should not be considered as tax, legal or investment advice.

Kevin Lao

I am the owner and lead financial planner @ IFS. We are an independent firm specializing in retirement planning. I also host The Planning for Retirement Podcast and can be found on YouTube, Spotify, Apple Podcasts and other streaming services. I live in Chattanooga, TN with my wife, three boys and two rescue pups. I love to travel, play golf and smoke (and eat) meats.