In this episode Mark updates listeners on his personal housing situation and discusses the recent challenge accessing his Charles Schwab account amid market volatility and emphasizes the importance of understanding market volatility.
He discusses a recent Wall Street Journal article and Vanguard research highlighting common mistakes that cost retirement savers billions. Mark further explores IRA rollover rules under the SECURE Act and clarifies the complexities around required minimum distributions for inherited IRAs.
Episode Links:
Mark’s Money Mind YouTube Channel
The Simple Path to Wealth by JL Collins
A Guided Meditation for When the Stock Market Is Dropping
The 401(k) Rollover Mistake That Costs Retirement Savers Billions
Improving Retirement Outcomes by Default: The Case for an IRA QDIA
Timestamps:
- 00:27 House Sale and Relocation Update
- 03:20 Preparing for an International Trip
- 04:46 Recent Market Volatility and What to Do
- 07:08 401k Rollover Mistakes
- 17:35 Understanding Inherited IRA Rules
- 31:16 Wrapping It Up
_______________
As an Amazon Associate this show earns income from qualifying purchases. Affiliate links do not increase your costs, and we will only link to products or services that we are familiar with and that we feel may deliver value to you. The modest income received from affiliate links helps support the cost of running and managing this show.