Will Duke and Daisy’s retirement spending plan work? If you’re a fan of hearing Joe Anderson, CFP® and Big Al Clopine, CPA debate, you’re in luck today on Your Money, Your Wealth® podcast 475, as they disagree on assumptions when it comes to retirement planning. The EASIretirement.com calculator says Chuck in South Carolina could convert even more to Roth, and the fellas spitball on the pros and cons. Plus, what should Chuck’s asset allocation be for his daughters, and how should Scott in Kansas City’s parents allocate their assets? Can Rothaholic undo his Roth conversion? Brian Fantana and his wife are in their 30s and want to retire at 60. Are they on track? Ricky in Alabama wants to avoid Medicare’s IRMAA, or incomerelated monthly adjustment amount. Should he spend from his IRA or from his Roth? Daniel in Whittier wants to know what exactly counts for IRMAA income, anyway? And finally, Elisa in Fremont wants to know, with the new SECURE Act 2.0 rules, when can you transfer 529 college savings funds to Roth? Access this week's free financial resources and the episode transcript in the podcast show notes, and Ask Joe & Big Al On Air for your Retirement Spitball Analysis, at https://bit.ly/ymyw475

00:00 Intro
01:07  Will Our Withdrawal Rate Be Too High If We Retire in 3 Years?
10:50 Withdrawal Strategy Guide free download: https://purefinancial.com/whitepaper...
11:28 EASIretirement.com Says I Should Convert More to Roth. Asset Allocation for Daughters?
22:13 Can I Undo My Roth Conversion?
27:55 In Our 30s, Want to Retire at 60. How Are We Doing?
30:36 What's the Right Asset Allocation for Aging Parents?
32:00 New free financial resources: https://purefinancial.com/ymyw/podcas...
How to Choose a Financial Advisor, Small Business Tax Filing Guide, 2024 Tax Planning Webinar, Retirement Lifestyles Guide, and retirement calculator
32:51 IRA vs. Roth for Living Expenses?
35:50 What Counts for Medicare IRMAA?
39:49 SECURE Act 2.0: When Can We Transfer 529 College Savings to Roth?
44:44 The Derails

Pure Financial Advisors, LLC is a feeonly Registered Investment Advisor providing comprehensive retirement planning services and taxoptimized investment management to thousands of people across the nation.

Schedule a free assessment with an experienced financial professional: http://bit.ly/PureAssessment
Office locations: https://bit.ly/PureLocations
Ask Joe & Big Al On Air: https://bit.ly/AskJoeAndBigAl
Subscribe to our YouTube channel: http://bit.ly/YMYWYT
Subscribe to the Your Money, Your Wealth® podcast: https://link.chtbl.com/ymyw?sid=y

IMPORTANT DISCLOSURES:
• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, LLC, a Registered Investment Advisor.
• Pure Financial Advisors LLC does not offer tax or legal advice. Consult with your tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy.
• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
CFP® The CERTIFIED FINANCIAL PLANNER™ certification is by the Certified Financial Planner Board of Standards, Inc. To attain the right to use the CFP® designation, an individual must satisfactorily fulfill education, experience and ethics requirements as well as pass a comprehensive exam. Thirty hours of continuing education is required every two years to maintain the designation.
CPA – Certified Public Accountant is a license set by the American Institute of Certified Public Accountants and administered by the National Association of State Boards of Accountancy. Eligibility to sit for the Uniform CPA Exam is determined by individual State Boards of Accountancy. Typically, the requirement is a U.S. bachelor’s degree which includes a minimum number of qualifying credit hours in accounting and business administration with an additional oneyear study. All CPA candidates must pass the Uniform CPA Examination to qualify for a CPA certificate and license (i.e., permit to practice) to practice public accounting. CPAs are required to take continuing education courses to renew their license, and most states require CPAs to complete an ethics course during every renewal period.