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In this mailbag episode, Steve tackles a listener question from Seth about whether or not to buy an RV in retirement, and how to do it without wrecking his financial plan. Should he drain his IRA and take the tax hit, or take on new debt in his 60s? Steve walks through how to think about big-ticket purchases in retirement, when debt might be acceptable, and how Roth 401(k)s can play a role in funding goals tax-efficiently. If you’ve ever wondered how to balance enjoyment and financial discipline in retirement, this episode will help you weigh your options without sacrificing your stability.

Here’s some of what we discuss in this episode:

🚐 The true cost of big retirement purchases

💸 What to consider before withdrawing large sums from your IRA

🧮 Running “what-if” scenarios to guide smarter choices

🎯 The importance of aligning big goals with your retirement plan

Get your copy of Power Up Your 401K in our toolkit: https://keap.page/ngt919/toolkit.html

Follow along on YouTube: https://www.youtube.com/channel/UCEE5ZkDedYTsKzkh2UxQ9Sg

Book your 401(k) Onboarding Meeting with Steve: https://calendly.com/steven-powerhouse-advisor/401-k-retirement-meeting-1-hour-clone?month=2024-12

Other ways to get in touch:

Phone: (775) 266-8867
Our website: https://powerhousefinancialadvisors.com/
Email: [email protected]

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