Financials, of Course

Q&A with a Reader 

Billy and Akaisha,

Your articles continue to inspire.

So far, at 65, I have not withdrawn money from my IRA. All situations are different, but have you always used your IRA comfortably without fear? I don’t have a financial adviser (who would be objective) at this point, but do recognize that having saved money, it may take one to convince me to go in the opposite direction to use funds. I am taking SS, but someone pointed out that at this age, I should use my savings without worry.



Don’t be pushed by your problems. Be led by your dreams. 


I do not know your specific situation but you will have to take money out of your IRA once you reach 70.5 years. Here is a calculator you can use to get an idea what you are dealing with regarding a tax hit or not.

Thanks for writing and good luck to you.




About Retire Early Lifestyle

Billy and Akaisha Kaderli retired three decades ago at the age of 38 and began traveling the world. As recognized retirement experts and internationally published authors on topics of finance and world travel, they have been interviewed about retirement issues by The Wall Street Journal, Kiplinger's Personal Finance Magazine, The Motley Fool Rule Your Retirement newsletter, nationally syndicated radio talk shows and countless newspapers and TV shows nationally and worldwide. They wrote the popular books The Adventurer's Guide to Early Retirement (Your Simple Path to FIRE) and Your Retirement Dream IS Possible.
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