Podcasts Business Careers ChooseFI 485 | Mailbag: Spending Down to Zero, High Fee 401k, Mini Retirements | Rachael Camp

485 | Mailbag: Spending Down to Zero, High Fee 401k, Mini Retirements | Rachael Camp

Published: April 1, 2024, 5 a.m.

In this episode: spending down to zero, the ratcheting rule, the guardrails approach, high fee 401k's, and mini-retirements.

This week we are diving back into the listener mailbag with Rachael Camp to address the pressing questions our community has! Whether it's curiosity towards the concept of dying with zero, determining whether it is a good time to take a mini-retirement, or working with high-fee 401k's, Brad and Rachael tackle it all! Listen along as YOU the community dictate the conversation with your hot button FI questions!

Rachael Camp:

Please note:

Rachael Camp offers advisory Services through Creative Financial Designs, Inc., a Registered Investment Adviser, and Securities are offered through cfd Investments, Inc., a Registered Broker/Dealer, Member FINRA & SIPC, 2704 S. Goyer Rd., Kokomo, IN 46902. 765-453-9600. Camp Wealth is not affiliated with the CFD companies.

Timestamps:
  • 0:55 \u2013 Introduction
  • 1:38 \u2013 Spending Down to Zero
  • 10:15 \u2013 The Ratcheting Rule and The Guard Rails Approach
  • 20:38 \u2013 Flexible Spending Strategy
  • 27:01 \u2013 Does Everything Need to be Optimized?
  • 31:15 \u2013 High Fee 401k\u2019s
  • 41:48 \u2013 Mini Retirement Considerations
  • 49:54 \u2013 Roth IRA Contributions and Faze Out Limits
  • 55:57 \u2013 Conclusion
Resources Mentioned In Today\u2019s Episode: More Helpful Links and FI Resources: