{"id":3146,"date":"2021-06-10T18:41:28","date_gmt":"2021-06-10T22:41:28","guid":{"rendered":"https:\/\/rockonthemoney.com\/?post_type=podcast&p=3146"},"modified":"2021-06-10T18:41:29","modified_gmt":"2021-06-10T22:41:29","slug":"ep130-how-to-retire-early-with-a-roth-401k-how-to-get-out-of-debt-best-cell-plans","status":"publish","type":"podcast","link":"https:\/\/netcast.one\/rotm2\/podcast\/ep130-how-to-retire-early-with-a-roth-401k-how-to-get-out-of-debt-best-cell-plans\/","title":{"rendered":"EP130 – How to retire early with a Roth 401K; How to get out of debt; Best cell plans"},"content":{"rendered":"\n

We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com<\/p>\n\n\n\n

QUESTION 1<\/strong>
45 y.o bachelor. Roth 401k through my employer, and a Roth IRA, and I’m fortunate to have a pension as well. With my 401 and my Roth IRA I’m at just over $300,000. I’m currently saving 9% before tax, and 6 after tax in my Roth 401k. As far as my stand alone Roth IRA I’m saving $ 200.00\/month. With my pension I’m eligible to retire at 100% at 59. I had a preliminary plan of retiring at 60. However, I’m seeing too many financial experts saying that retiring at that age is a mistake. I’m so confused. Is retirement at 60 a crazy dream, is it even possible, or should I work till 65, 70. I feel like I’m doing the right thing…but this is so confusing.<\/p>\n\n\n\n

QUESTION 2<\/strong>
What do you recommend for cell phone plans?.. I think cutting back on cell phone bill would be a great way to save money.<\/p>\n\n\n\n

QUESTION 3<\/strong>
What you you guys recommend to do my ac unit is starting to give out its 17 years old just paid 1,200 to fix it I\u2019m n bs2 should I finance a new one 12,000 or keep fixing my old unit when something brakes down?<\/p>\n\n\n\n

QUESTION 4<\/strong>
I recently started to grind to get out of debt and actually have a savings (honestly I have never been in this kind of position….I’ve always just stayed afloat). The pandemic opened my eyes like everyone else so I’m kicking my butt and working the 2 jobs to get myself out and secure. I’m starting to lose energy and although still motivated, I feel myself slowing down. I would appreciate any kind of encouragement\/advice on how you kept\/are keeping the momentum during your grind.<\/p>\n\n\n\n

QUESTION 5<\/strong>
Anybody know how to sell China and glassware? We are almost done with baby step 2.<\/p>\n\n\n\n

QUESTION 6<\/strong>
How did you decide how much to save in your emergency fund within the 3-6 month parameters? I don\u2019t have a volatile job, my goal is 6 months. I\u2019m mostly curious how everyone came to the decision of how much was enough.<\/p>\n\n\n\n

**This post may contain affiliate links, and we may be compensated if you make a purchase after clicking on the affiliate and\/or partner links.<\/p>\n\n\n\n

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Website: <\/strong>https:\/\/netcast.one\/rotm2\/<\/strong><\/a>
Subscribe to the podcast – all links located here: <\/strong>https:\/\/linktr.ee\/rocklandusa<\/strong><\/a>
Call us with your questions : 989-888-ROCK (7625)<\/strong>
Facebook Group: <\/strong>https:\/\/www.facebook.com\/groups\/your401k\/<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com QUESTION 145 y.o bachelor. Roth 401k through my employer, and a Roth IRA, and I’m fortunate to have a pension as well. With my […]<\/p>\n","protected":false},"author":1,"featured_media":2794,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"episode_type":"audio","audio_file":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2021\/06\/ROTM-EP130.mp3","cover_image":"","cover_image_id":"","duration":"28:54","filesize":"28 MB","date_recorded":"10-06-2021","explicit":"","block":"","itunes_episode_number":"130","itunes_title":"How to retire early with a Roth 401K; How to get out of debt; Best cell plans","itunes_season_number":"","itunes_episode_type":"full","filesize_raw":"29062082"},"tags":[105,400,110,125],"series":[234],"coauthors":[284],"episode_featured_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/07\/ROTM-EP60-mp3-image.jpg","episode_player_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/04\/album-rockonthemoney1410-10.jpg","download_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-download\/3146\/ep130-how-to-retire-early-with-a-roth-401k-how-to-get-out-of-debt-best-cell-plans.mp3","player_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-player\/3146\/ep130-how-to-retire-early-with-a-roth-401k-how-to-get-out-of-debt-best-cell-plans.mp3","audio_player":"\nhttps:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-player\/3146\/ep130-how-to-retire-early-with-a-roth-401k-how-to-get-out-of-debt-best-cell-plans.mp3<\/a><\/audio>","episode_data":{"playerMode":"dark","subscribeUrls":[],"rssFeedUrl":"https:\/\/netcast.one\/rotm2\/feed\/podcast\/rockonthemoney","embedCode":"

EP130 – How to retire early with a Roth 401K; How to get out of debt; Best cell plans<\/a><\/blockquote>