Dave Chilton

Other mistakes that we see, a lot of people don't really understand that when the money comes out, there are, as you said, two buckets.

One that's not taxable, return of the contributions, and one that is, and that's in essence the growth plus the grants themselves, etc.

Do people have to plan around that carefully too?

Is there any general guidelines you can share right now?

Very punitive.

Agreed, totally.

I agree with that strategy completely.

And you talked about the family plans.

I'm a big fan of the family plans and the flexibility they bring to the table.

Just walk our listeners through that.

Do you think people need some advice when they get down to the withdrawal stage to make sure that they're thinking this through and they've asked themselves the right questions and they're withdrawing the right amounts, etc.?

That seems like it would overwhelm a few people or they would let it slip between the cracks.

It can be.

Right.

Or your financial advisor.

I agree.

No, I agree.

I think turning to the accountant makes a lot of sense there.

Or if you have a competent financial advisor, and of course, there's more and more AI coming out and more and more software that can help you through this as well.

Now, going back to your child, hey, AI can't take gems away from us.