Even though we’re not in the savings phase of our early retirement journey, we often talk about what we’d do differently if we were just now starting to save at this point in time. Here’s a rundown on what we’d change about our approach, and what we’d do the same.
Some possible fighting words today, as we delve into the question of whether it makes sense to think of both taxable funds and tax-advantaged retirement funds as one big pool of money. Why does it matter? Because there are a bunch of potentially huge downsides to withdrawing traditional retirement funds early through Roth conversions or rule 72t distributions (or different approaches that exist in other countries). Fortunately, there’s another great option if you’re willing to do a little more math.