Your Money, Your Wealth cover image

Roth IRA 5-Year Rules: How to Withdraw Money With No Taxes or Penalties - 404

Your Money, Your Wealth

00:00

Is Inflation Really Missing Here?

A married couple makes $150,000 right now at age 33. They plan to retire when our accounts reach 2.5 million in their mid 60s. We'll see 50,000 years of Social Security. That's all good. What about inflation? I don't know what you're spending right now. So the fact that you're able to withdraw 150, that's great. But that's not going to cover your current lifestyle. And then with inflation, it changes tax rates. It changes all kinds of stuff. Remember, we're probably in the lowest tax rates we've seen for some time.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app