We’re back to the digital mailbag to answer your questions!

For this week:

• Hot Seat Questions: My favorite blogs, podcasts, articles, and books. Musings on my biggest financial mistakes and the advice I’d give my younger self.
• How do my wife and I keep meaning and purpose in our lives without traditional careers?
• To sell or not to sell a home that was purchased in 2021
• How to sell investments and minimize taxes
• The proper hierarchy of investment accounts
• Roth vs Traditional 401(k): Which is better?
• I-Bonds: Should we be buying more?
• Saving strategies for a home down payment
• Receiving inheritance in a foreign currency
• Critical nuance on withdrawal strategies in a high inflation/poor market return environment
• So much more!

 

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Show Notes and Links at Clippingchains.com

 Q1: Hot Seat Questions: My favorite blogs, podcasts, articles, and books. Musings on my biggest financial mistakes and the advice I’d give my younger self. (00:02:59)

 

Q2: Should I sell a home I just bought in 2021? (00:09:58)

 

Q3: How do I withdraw money from an index fund and pay as little in possible on taxes? (00:16:43)

 

Q4: What are the pros and cons of Roth 401(k) vs Traditional 401(k)?(00:21:15)

 

Q5: Am I going to buy more I-Bonds next year and are they appropriate for an emergency fund? (00:24:37)

 

Q6: Nearly 3 years into financial independence… What now gives you purpose, and has that changed since the first year of financial independence? Same question for your wife! (00:28:29)

 

Q7: An investment account hierarchy case study (00:33:15)

 

Q8: “I’m receiving inheritance in Euros but I live in Canada. What should I do?” (00:38:18)

 

Q9: What is the best option for a high-interest savings account when saving for a home down-payment? (00:41:37)

 

Q10: What about Fidelity’s In-Plan Roth Conversion? (00:47:50)

 

Q11: Thoughts on market downturns, inflation, retirement income streams (pension, etc.), and how we can adjust our withdrawal strategies to preserve wealth at all retirement durations (00:53:14)