08-17-2022, 08:50 PM
everyone has different situations and everyone's situations change
as a non-professional all i can tell you is what i did over the years
1) establish kplan--maxed out
2) established ROTH 1998
3) establish savings
4) established brokerage account
5) we have two traditional IRA's
everything is the same except i lowered kplan contributions from 16% to 6% because i wanted to build up our non-retirement account in case one of us leaves the work force before 59 1/2
yes--i'm aware of the 55 rule and the 72t--but it's something i'd like to avoid
as a non-professional all i can tell you is what i did over the years
1) establish kplan--maxed out
2) established ROTH 1998
3) establish savings
4) established brokerage account
5) we have two traditional IRA's
everything is the same except i lowered kplan contributions from 16% to 6% because i wanted to build up our non-retirement account in case one of us leaves the work force before 59 1/2
yes--i'm aware of the 55 rule and the 72t--but it's something i'd like to avoid