The Personal Finance Podcast

Which Accounts Should I Draw From In Retirement? (Rapid Fire Q&A)

Oct 1, 2025
Get ready for a fast-paced Q&A with hot topics that matter! Learn the smart order to draw from various retirement accounts. Find out why maxing a Solo Roth 401(k) might be your best bet. Discover strategies for tackling $117,000 in student loans with automation and discipline. Plus, gain insights on the pros and cons of high-fee mutual funds versus low-fee ETFs. Should a 19-year-old start building credit? Andrew has the answer! And don't miss his tips on passing a brokerage account to your kids without tax headaches.
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ADVICE

Solo 401(k) Contribution Order

  • Max the Roth employee contribution first for solo 401(k) if you expect higher future taxes.
  • Add the employer pre-tax contribution afterward for tax deductions or tax diversification when needed.
ADVICE

When To Roll Over An Old 401(k)

  • You can leave an old 401(k) in place indefinitely if the balance is over $5,000 and the plan allows it.
  • Consider rolling to a rollover IRA for investment control unless you need plan-specific rules like the Rule of 55.
ADVICE

Prioritize Tax-Advantaged Accounts

  • Max tax-advantaged accounts like Roth IRAs and 401(k)s before taxable brokerage accounts.
  • Still open a brokerage if you need flexibility for early retirement or an intermediate spending bucket.
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