Don’t Even THINK About Delaying Retirement, Ep #236 - a podcast by Benjamin Brandt CFP®, RICP®
from 2022-03-21T08:00:53
Have you been hesitant to retire this year because of all that is going on in the world? On this episode of Retirement Starts Today, we’ll explore a retirement headline from Maurie Backman at The Motley Fool called 3 Reasons Why 2022 May Be a Bad Year to Retire, but then you’ll hear my rebuttal to each of her 3 arguments.
If you have been on the fence about whether you should take the plunge and retire now, you won’t want to miss this episode. Make sure to stick around until the end of the episode to hear an anonymous question about how to be certain that you won’t owe interest and penalties on a Roth conversion.
Outline of This Episode
- [2:11] Pitfall #1 - The pandemic is still raging
- [5:00] Pitfall #2 - Inflation is rampant
- [8:15] Pitfall #3 - Stability is important
- [12:23] An underpayment penalty question
Resources & People Mentioned
- The Motley Fool - 3 Reasons Why 2022 May Be a Bad Year to Retire
- Taxes in Retirement Facebook group
- Underpayment of Estimated Tax on the IRS website
- Estimated Taxes on TurboTax’s website
Connect with Benjamin Brandt
- Get the Retire-Ready Toolkit: http://retirementstartstodayradio.com/
- Follow Ben on Twitter: https://twitter.com/retiremeasap
- Subscribe to the newsletter: https://retirementstartstodayradio.com/newsletter
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