S2E5: Saving for Retirement Part 2 (feat. Tracy Cahill)
Update: 2023-05-19
Description
In this second part of Saving for Retirement, I talk with financial advisor, Tracy Cahill, about what retirement investment options there are for when you become an attending and see a sharp increase in your income. Your ability to invest in a Roth IRA is limited by your total household income, so when you exceed that limit it helps to know what other options are available to you. Listen along as we talk about backdoor Roths, College Funds, and when you can (should) finally touch those retirement savings.
03:00 Backdoor Roth IRA
06:30 Retirement Plans from Various Employeers
08:30 Saving for College Plans (529 Plans)
12:00 Personal Investing Advice
18:00 Pitfalls with Personap Investing
20:00 When to Reach Out for Professional Advice
22:00 When Can I Touch My Retirement Accounts?
24:30 Top 5 Takeaways for Retirement Savings
03:00 Backdoor Roth IRA
06:30 Retirement Plans from Various Employeers
08:30 Saving for College Plans (529 Plans)
12:00 Personal Investing Advice
18:00 Pitfalls with Personap Investing
20:00 When to Reach Out for Professional Advice
22:00 When Can I Touch My Retirement Accounts?
24:30 Top 5 Takeaways for Retirement Savings
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