Published Jan 8, 2024

Ask HTM - Rule of 55 and Early Retirement, 5% Down Payments, & Transitioning a Kid to Financial Adulthood #772

Matt Altmix and Joel Larsgaard delve into the Rule of 55 for early retirees, weigh the pros and cons of 5% down payments versus renting, and offer essential financial advice for young adults transitioning into financial independence.

Episode Highlights

Topics covered

Episode Highlights

Related Episodes

Ask HTM - Consolidating Multiple Retirement Accounts, Rolling Equity into a New Home, & Keeping Up with an Allowance #832
Answers 383 questions
Ask HTM - Paying Off Student Loans Without Dinging My Credit, DIY Tax Loss Harvesting, & Financially Preparing for a Baby #688
Answers 383 questions
Ask HTM - House Hacking, Teaching Kids About Money, and Small Business Banking #108
Answers 383 questions
Ask HTM - Moving Beyond the S&P, Investing for a Down Payment, & Lump Sum Number Crunching #910
Answers 383 questions
Ask HTM - Investing in Gold, Paying Extra Towards a Mortgage, and Opening a Flexible Account for Kids #140
Answers 383 questions
Ask HTM - Supercharging Retirement as a Freelancer, HSA for Medical vs Retirement, & “Investing” in Your Primary Residence #934
Answers 383 questions
Ask HTM – Budgeting to Care for an Aging Parent, Car Subscription Plans, and Timeshares #128
Answers 383 questions
Ask HTM - Down Payment vs Investing, Financial Calculators FTW, & the Best High Yield Business Account #757
Answers 383 questions
Ask HTM - Utilizing Roth Contributions in a Pinch, SAVE Plan for High Earners, & Buying a Home to Save Money #847
Answers 383 questions
Ask HTM - Timing a Roth IRA Conversion, Attacking Debt or Saving for Retirement, and Budgeting for Housing Expenses #202
Answers 383 questions
Ask HTM - Selling Investments for Medium-Term Goals, Buying a Primary vs Rental Home, & If 15 Year Mortgages are Bad #817
Answers 383 questions
Ask HTM - Waiting to Pay Monthly Bills, Whether Invested Dollars are Safe, & Buying a Parent's House #658
Answers 383 questions
Ask HTM - Budgeting with Gift Cards, Inheriting Debt, & the Hidden Costs of Early Retirement #841
Answers 383 questions
Ask HTM - Paying Off Balance Transfer Cards, Emergency Funds while House Hacking, and What to do when Inheriting a 401k #168
Answers 383 questions
Ask HTM - Student Loans Blocking Roth IRA contributions, Tapping Retirement Funds After a Layoff, & Going with a Health Sharing Plan to Save Big #496
Answers 383 questions

Dexa/How to Money

Ask HTM - Rule of 55 and Early Retirement, 5% Down Payments, & Transitioning a Kid to Financial Adulthood #772

Topics covered

Popular Clips

Homeownership Trade-offs

Rule of 55 Insights

Transitioning to Adulthood

Home Buying Insights

Early Retirement Insights

Compounding and 401k Strategy

Smart Financial Choices

Will Creation Simplified

Financial Literacy Tools

Student Loans to Homeownership

Home Ownership Insights

Financial Independence Journey

Investing for Small Businesses

Credit and Savings Tips

Travel Tips Unpacked

Episode Highlights

Early Retirement

Home Buying

Transitioning to Adulthood

Related Episodes

Ask HTM - Consolidating Multiple Retirement Accounts, Rolling Equity into a New Home, & Keeping Up with an Allowance #832

Ask HTM - Paying Off Student Loans Without Dinging My Credit, DIY Tax Loss Harvesting, & Financially Preparing for a Baby #688

Ask HTM - House Hacking, Teaching Kids About Money, and Small Business Banking #108

Ask HTM - Moving Beyond the S&P, Investing for a Down Payment, & Lump Sum Number Crunching #910

Ask HTM - Investing in Gold, Paying Extra Towards a Mortgage, and Opening a Flexible Account for Kids #140

Ask HTM - Supercharging Retirement as a Freelancer, HSA for Medical vs Retirement, & “Investing” in Your Primary Residence #934

Ask HTM – Budgeting to Care for an Aging Parent, Car Subscription Plans, and Timeshares #128

Ask HTM - Down Payment vs Investing, Financial Calculators FTW, & the Best High Yield Business Account #757

Ask HTM - Utilizing Roth Contributions in a Pinch, SAVE Plan for High Earners, & Buying a Home to Save Money #847

Ask HTM - Timing a Roth IRA Conversion, Attacking Debt or Saving for Retirement, and Budgeting for Housing Expenses #202

Ask HTM - Selling Investments for Medium-Term Goals, Buying a Primary vs Rental Home, & If 15 Year Mortgages are Bad #817

Ask HTM - Waiting to Pay Monthly Bills, Whether Invested Dollars are Safe, & Buying a Parent's House #658

Ask HTM - Budgeting with Gift Cards, Inheriting Debt, & the Hidden Costs of Early Retirement #841

Ask HTM - Paying Off Balance Transfer Cards, Emergency Funds while House Hacking, and What to do when Inheriting a 401k #168

Ask HTM - Student Loans Blocking Roth IRA contributions, Tapping Retirement Funds After a Layoff, & Going with a Health Sharing Plan to Save Big #496

Ask HTM - Rule of 55 and Early Retirement, 5% Down Payments, & Transitioning a Kid to Financial Adulthood #772

Topics covered

Popular Clips

Episode Highlights

Early RetirementMatt Altmix and Joel Larsgaard break down the Rule of 55, offering practical advice for early retirees. They also discuss the nuances of 401k rollovers for strategic early withdrawals and tax efficiency.

Early Retirement

Home BuyingThe next topic explores the dilemma of making a low down payment on a house versus continuing to rent. Joel Larsgaard and Matt Altmix weigh the financial trade-offs and benefits of each option in today's market.

Home Buying

Transitioning to AdulthoodNext, Matt Altmix and Joel Larsgaard discuss essential steps for setting up finances and understanding credit for young adults. They provide practical advice on budgeting, credit management, and transitioning to high-yield savings accounts.

Transitioning to Adulthood

Related Episodes