What’s a safe withdrawal rate from your investment portfolio when that money has to last 50 or 60 years because you’re part of the FIRE (financial independence/retire early) movement? In Your Money, Your Wealth® podcast epiosde #236, Karsten Jeske, Ph.D., CFA, aka “Big Ern” from EarlyRetirementNow.com shares his experiences. Plus, will listener Paul reach $5M by retirement? Can monthly payments from an IRA annuity be used for qualified charitable distributions (QCDs)? And what happens if you’ve made mistakes with your IRA that lead to penalties?

Transcript & show notes: http://bit.ly/YMYW-236

Listen & subscribe to the podcast for free: https://link.chtbl.com/ymyw

00: 59 - Getting to Know Karsten “Big Ern” Jeske, PhD, CFA

13:30 - Karsten “Big Ern” Jeske, PhD, CFA: Safe Withdrawal Rates for Early Retirees

24:00 - Will We Make It to $5M By Retirement? (Paul, SC)

34:16 - Can Monthly Payments From an IRA Annuity be Used for QCDs?

39:11 - What Happens With IRA Mistakes That Lead to Penalties?



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