Welcome to episode 87 of Accessible Finance for Retirement with Eric and Rachael Johns. In this episode, we address listener questions covering crucial topics like the right time to hire a financial advisor, effective management of 401Ks and Roth IRAs, and navigating required minimum distributions (RMDs). Additionally, we discuss the timing of IRA rollovers and estimated tax payments. Gain expert insights into financial planning for retirement, including comprehensive advice on managing your investments and planning your decumulation strategy.

In Episode 86 of Accessible Finance for Retirement, hosts Eric and Rachael Johns address several pressing questions from their listeners.

Topics include the benefits of opening a Roth IRA in a spouse's name, strategies for placing cash in high-yield money market accounts, understanding the differences between active and passive investment management fees, and guidance on handling tax implications for Roth conversions.

The hosts provide detailed and practical advice on retirement planning, emphasizing the importance of aligning investment philosophies with financial advisors and understanding the nuances of tax planning. Tune in for insightful discussions and valuable tips for managing your retirement finances effectively.

00:00 Introduction and Episode Overview

00:25 Question 1: Roth IRA for Spouse

01:55 Question 2: Best Place for Cash

03:45 Question 3: Active vs Passive Management

12:11 Question 4: Roth Conversion Tax Implications

18:05 Conclusion and Call for Questions

In this final installment of our Roth IRA miniseries, hosts Eric and Rachael Johns take you beyond the basics and dive deep into advanced Roth strategies that can help you maximize your retirement savings. Whether you're a seasoned investor or just starting to explore Roth accounts, this episode is packed with actionable insights and expert tips.

What you'll learn in this episode:

-The latest on Roth conversions and how to decide if they're right for you

-Strategies for high-income earners, including the backdoor Roth

-How to use Roth accounts for tax diversification in retirement

-Common mistakes to avoid with Roth IRAs

-Real-life scenarios and listener questions answered

Don't miss out on the key takeaways that could make a big difference in your financial future!

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