Which accounts should you withdraw funds from first in retirement?

Video quality	The size	Download

Information Which accounts should you withdraw funds from first in retirement?

Title	:	Which accounts should you withdraw funds from first in retirement?
Lasting	:	13.42
Date of publication	:
Views	:	88 rb

Spoiler Alert! The answer is "It Depends" If you are expecting a simple one size fits all answer you won't find it in this video The goal of the video is to provide education on the subject to help you understand some of the key factors It will be different for each person depending on your unique financial situation For a professional plan you could consider working with my firm wwwmartinsenwealthcom/
Comment from : Financial Fast Lane

Great presentation There is one more thing that can be added in the "Tax Advantaged" bucket, an "HSA" It goes in Pre-Tax, the balance over a prescribed limit can be invested and earn market returns, and (as long as the money is used for an approved health expense) is also Tax Free to spend anytime
Comment from : KJ Rey

You are simply amazing my wife and I are so worried about this topic that I started the process of your 20-page report for strategies Unfortunately my wife and I did not start a 401k or Roth until we turn 55 so we have a sort of an uphill battle going on LOL
Comment from : DM soft sounds

Should I take taxes out of my ss check?
Comment from : Rose Favia

MAKING RETIREMENT PLANS IS GREAT, BUT HAVING A SOLID RELIABLE PASSIVE INCOME IS PREFERABLE brBig ups to everyone working effortlessly trying to earn a living while building wealth I'm 40(retired worker) and my wife 34 We are both retired with over $3 million in net worth and no debts Currently living smart and frugal with our money Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income
Comment from : Van Drex

But what is the answer to the title on your video?
Comment from : Catherine Prendergast

Never answered the question
Comment from : Eddie Lou Jones

Retired sept 2021 biggest fear ,the biden administration
Comment from : Jimmy P

My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit
Comment from : curtis darveau

So "Which accounts should you withdraw funds from first in retirement?"
Comment from : live better

Well, watching this video was taxingand 10 minutes too long with the info presented ROI was very low Book promo vid
Comment from : El Jefe

Just retire overseas and don’t worry about American broken healthcare system or running out money at old age
Comment from : Helmut Schumann

Thank you for posting this helpful and informative video
Comment from : jhors

The presenter didn't answer the question asked in the title of the video He just explained why it was important, and what things to consider And he did it in the most long-winded possible presentation Every section of the video was essentially, "it depends" At the end of the video, the conclusion was, buy my book, or hire someone like me to figure out the answer for you Not sure which I dislike more, the government that created our horrible retirement system, or the accounting and legal vultures which drain your hard earned savings by being paid to "manage" it or provide ongoing advice on how to game the system
Comment from : Daniel Munyan

I think using a marginal tax rate is more realistic, 25 on 38k isn’t realistic and hasn’t been for decades This is a great demonstration thou!
Comment from : Gerard Ellis

I just plan on living off my pension, rental income, and social security My 401k and IRA are reserved until RMD time, and the remaining balance for the kids upon my death
Comment from : CampsitePyro

What happens if your tax rate goes down during distribution because your income is less in retirement?
Comment from : Douglas Payton

Hi David, I just bought your book Missing from your talk is the tax affect to social security distributions, give the three scenarios I assume, the tax advantages distribution would be significantly better Do you cover this in your book? Thanks, Steve
Comment from : Steve Medeiros

Awful video Blah blah blah and never answers the question posed Blah blah blah Buy my book Buy my book
Comment from : Geronimo rex

For most people, their taxable income will be much lower once they retire Which means they will be in a lower tax bracket You didn’t mention that
Comment from : tonyLA24

At the 11:40 mark you stated that depending on age you may want to get some money converted before required distributions kick in to avoid higher tax I just retired in Aug 2022 I closed my company 401k and Roth by transferring into managed IRA & Roth investment accounts through Northwestern Mutual I also have a fixed annuity through another company So is it too late to convert? Also I didn't really understand what would be converted and to where?
Comment from : Ken Olson

He looks like Forrest Gump
Comment from : Paul Bunch

I get 10 annually every year, year in and year out "Joe F Biden"
Comment from : Mak Daddy

I totally agree with the person who said that you did not clearly answer the question posed in the video Thank goodness I have my financial totally together but was curious if you would answer the question I think that in your previous videos you have done a good job of clarifying details but not in this video
Comment from : Gardening for Fun and Longevity

I just found your channel I really appreciate your calm and systematic method of teaching us Thank you so much I have subscribed
Comment from : science love

175X speed really helps 👍🤑
Comment from : Bruce D

Excellent video!
Comment from : Christo van Biljon

Have you heard about the Universal Index Fund that your premium earns cash value with coverage from long term, chronic condition and death benefits and once you take out cash it is tax free? What can you say about this option? @lanemartinsen
Comment from : FELISA K

Keep all cash under your mattress and spend as needed in retirement No taxes to worry about lol Just kidding
Comment from : Gia in TO

Only two things are certain: Death and taxes Just withdraw as little money as you need and pay the taxes man Lol
Comment from : Gia in TO

I’m young advisor at a firm You put great content I also read your book it’s great
Comment from : CG

Why an increase in taxes of 10-20 is affecting the second bucket, but not the first?
Comment from : Emiliya Hill

What pile is stock? I was planning on selling my stock over the next 4 years to use with my pension until I start SS at 67 for the full benefit I also have a regular and Roth 401k, but was thinking I'd pay less taxes selling the stock
Comment from : Nick T