Mindy (BiggerPockets Money)
speaker
199 appearances
1 recordings
1 series
first heard Aug 2026
last heard 3 Aug
Mindy (BiggerPockets Money)’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.
Appearances
Yeah, I would like to leave them as much Roth money as possible and to get it out of the 401k as soon as possible so that it can be in the Roth.
The only issue is, you alluded to this earlier, we have a liquidity problem.
we don't have the money to pay the taxes.
I mean, we have the money to pay the taxes, but we have to find it somewhere.
So doing a Roth conversion at our age, we have to pay those taxes next year if we Roth convert.
How do we do that?
That makes sense.
Just access to the 401k.
It's a taxable access, but it's not a penalized access because I don't like to pay taxes.
I super don't like to pay penalties.
So I don't want to just pull money out of the 401k, but it's a way to generate a little bit of income because we do have that liquidity problem this year.
A way to generate income and take money out of the 401k that isn't a Roth conversion because the Roth conversion we can't access for five years and we have to pay taxes on that.
That's the opposite of helping us with our liquidity problem.
That's interesting that you say it like that.
I've never heard dollar cost averaging for the withdrawal as well.
But I mean, I talk about the dollar cost averaging into it, like automate it and then you don't have to, like you've made the decision once.
Yeah.
And we've made the decision to sell one time and you set it up and it just happens.
That's right.
Can you do that?
Showing 121–140 of 199 · page 7 of 10
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