Today on Your Money, Your Wealth® podcast #313 with Joe Anderson, CFP® and Big Al Clopine, CPA, a retirement plan spitball analysis for an engineer wondering if he can afford to retire, required minimum distribution questions answered, and discussion on when to stop contributing to taxdeferred accounts, when to start Roth conversions, and a conversion strategy for someone with no income. Plus, "conversation" not advice about Joe's possible wallet syndrome, and a limerick and music from Paul Lemire. Access the transcript and financial resources, ask your money questions: https://bit.ly/YMYW313

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00:00 Intro
00:53 Am I Financially Ready for Retirement? Retirement Plan Spitball Analysis (David, Sacramento)
13:48 Coronavirus Related Distribution Repayment and Roth Contribution Withdrawals into SIMPLE IRA (Johnny No Dough)
22:16 Roth Conversion Strategy with No Income? (Jeremy, Cookeville, TN)
26:17 Required Minimum Distributions: Substantiation of Basis? (Karen)
28:59 When to Stop Contributing to TaxDeferred Accounts? (Andy)
38:10 RMDs: When and What Percentage Do I Have to Take from Retirement Accounts? (Denis)
39:38 Should I Start Roth Conversions? (Rich, Long Island)
44:40 Advice for Joe’s Butt (Kenny, Granite City, IL)
51:07 Limerick and Music from Paul Lemire

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