Bond Investing in Your 60s: Financial Freedom, #124
By Joshua King
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About this ebook
Once you turn 60, you can access your taxable 401K and Roth IRA. But what the heck are you going to do with this large sum of money?
Most people have analysis paralysis and run to a financial advisor. However, you are not an idiot.
You saved the money; therefore, you can learn how to grow the money. The absolutely worse thing you can do is take the money out and buy a boat or car.
Anything short of that is moving in the right direction. We can use bonds to meet our goals if we identify our needs. Let's walk through a scenario together inside. Good Luck!
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Bond Investing in Your 60s - Joshua King
Table of Contents
MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF
Bond Investing in Your 60s
Monthly Dividend Tracker Template: Buy on Etsy
All Right Reserved Military Family Investing | 01 Bond Investing in Your 60s
02 Your 401K in NOT Enough
03 Roth IRAs vs. Municipal Bonds
04 What is Generational Wealth?
05 Retiring to a Small City and Living on Passive Income
06 Create Royalties While Working Full Time
07 Bond Buying is Back, Baby!
08 High Yield Bond Reinvestment in Action
09 Treasury Bonds vs. Municipal Bonds
10 Feel Special with Special Dividends
Try Something New -Free PDF Download
MILITARY FAMILY INVESTING
Also By Joshua King
MILITARY FAMILY INVESTING
Joshua King
Home of the Free PDF
www.militaryfamilyinvesting.com
Bond Investing in Your 60s
Convert Your 401K into Reliable Income
01 Bond Investing in Your 60s
02 Your 401K in NOT Enough
03 Roth IRAs vs. Municipal Bonds
04 What is Generational Wealth?
05 Retiring to a Small City and Living on Passive Income
06 Create Royalties While Working Full Time
07 Bond Buying is Back, Baby!
08 High Yield Bond Reinvestment in Action
09 Treasury Bonds vs. Municipal Bonds
10 Feel Special with Special Dividends
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Monthly Dividend Tracker Template: Buy on Etsy
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
All Right Reserved Military Family Investing
01 Bond Investing in Your 60s
What happens when you turn 60 (59.5)? That’s right; you gain access to your taxable 401Ks and non-taxable Roth IRAs.
I’m not a big fan of the 401K system because it is basically a high-yield savings account. We have people turning 60 with a large pot of money and no skills to handle it.
Welcome back to the Bond Investing at Any Age Series (20s, 30s, 40s, 50s), where we protect our principal while generating income.
Happy Cash Flow Retirement 7
Today, let’s ask some basic questions and see what results we need from our money. If we do this right, we can handle our needs while creating generational wealth. Let’s begin.
A couple of earth-shattering questions. For this article, let’s pretend you have $500,000 available after taxes (or withdrawing from a Roth).
Before you touch YOUR money, you want to review a few things about your current situation.
1) Do you have enough cash flow without touching your 401K or Roth? You may have a pension, are still working, or have a paid-off house.
2) Should you just leave your money in a 401K or Roth? If you pass away with money in this account, your heirs must dismantle it within ten years. This situation could be better.
3) Do you need cash flow or security? Are you looking to generate income or have a pot of money around in case of an emergency?
Retirement Plus: Use Royalties to Supplement Your Retirement
Don’t be afraid. So many people are afraid when dealing with large sums of money. Here's