Roger in Canton, Ohio, is burnt out. Can he and his wife Jane pre-retire next year in their mid-50s with $2.8 million? Joe and Big Al spitball on whether they’ll still have enough money for their Go-Go years, Joe’s favorite, today on Your Money, Your Wealth® podcast number 539. Roger also has an employee stock purchase plan. For the best asset location strategy, should he max out the ESPP at a 15% discount, convert to Roth IRA, build his brokerage account, or a little of all the above? Speaking of asset location, some of our YouTube viewers object to the idea of putting higher performing assets in your Roth account. They say you can’t write off the losses and you’ll be exposed to sequence of returns risk. Stick around for Joe and Al’s response.
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Timestamps:
00:00 - Intro: This Week on the YMYW Podcast
02:03 - I’m Burned Out. Can I Pre-Retire Next Year? (Roger & Jane, Canton, OH)
11:46 - Watch Recipe for Retirement | Retirement Plans Explained on YMYW TV and Calculate Your Free Financial Blueprint
12:50 - Would You Rather for Asset Location: Roth vs. Brokerage? Roth vs. ESPP with 15% Discount? (Roger & Jane, Canton, OH, cont'd)
21:08 - Higher Performing Assets in Roth Exposes You To Sequence of Returns Risk and You Can't Write Off The Losses (YouTube comment)
24:54 - Next Week on the YMYYW Podcast
25:27 - Download Why Asset Location Matters for Free
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