How to Withdraw From Retirement Accounts When You Have a Pension (Real Case Study) скачать в хорошем качестве

How to Withdraw From Retirement Accounts When You Have a Pension (Real Case Study)

How should you withdraw from retirement accounts when you have a pension? The answer is far more nuanced than “Roth first” or “traditional first” and getting it wrong can quietly cost you hundreds of thousands of dollars in lifetime taxes. In this video, I walk through a real retirement case study of a 55-year-old retired military individual with a $50,000 pension, $750,000 in Roth accounts, and $800,000 in traditional retirement accounts. Step by step, I explain the best-practice withdrawal strategy, how pensions change the tax picture, and why withdrawal order, Roth conversions, and Social Security timing are deeply connected. We cover: Roth vs traditional withdrawal strategy How pensions permanently fill tax brackets Why large traditional accounts can create future RMD and Medicare IRMAA problems When the Rule of 55 helps — and when it doesn’t Why Rule 72(t) often backfires How your 60s are the most powerful years for Roth conversions Why delaying Social Security can reduce lifetime taxes If you’re nearing retirement, especially if you have a pension or significant retirement savings, this video will help you reduce taxes, preserve flexibility, and regain control over your retirement income plan. 00:00 Introduction: The Retirement Strategy Most People Get Wrong 00:59 The Case Study: A Real Retirement Scenario With a Pension 02:52 The Big Idea: Control Your Income, Taxes, and Timing 03:26 Step 1: What Your Pension Really Does (And What It Doesn’t) 04:40 Step 2: How to Protect Your Roth IRA Long-Term 05:49 Step 3: Using Your Traditional Account Slowly and Intentionally 08:26 Step 4: Why Age 55 Changes Your Early Retirement Strategy 11:06 Rule 72(t) Explained: When It Helps and When It Hurts 11:46 What Actually Matters Financially at Age 55 13:11 Step 5: Your Most Powerful Retirement Years — Your 60s 14:23 Why Delaying Social Security Is So Important in This Strategy 15:02 Why This Matters So Much (Especially for Single Retirees) 16:15 Step 6: Why Letting a Traditional IRA Grow Can Backfire 16:58 Step 7: What Retirement Looks Like When This Is Done Right Some of my favorite books: https://amzn.to/3KF3tlr Camera & equipment I use: https://amzn.to/3Z20lof Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Join the family & subscribe to my channel here:    / erintalksmoney   Thanks for watching, I appreciate you!