After running the math, there is a major tax advantage to leave earlier than 55 and move a lot of money into ROTH’s. You can’t do that while earning a big paycheck and you end up saving more $ than you walk away from. And you get to retire early with lots of life left!
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@js F-k restricted shares, if that’s your retirement plan you’re a financial id--t
There’s no world where ROTH savings would outperform the loss of restricted shares one would be walking away from by leaving prior to 55.
This is the FIRE approach and it makes a lot of sense, the more time for ROTH conversions the more significant your tax savings when RMDs kick in. But the best part is if you can afford to go, then rid yourself of this horrible workplace before you lose your health (and your mind!).
@OP this is completely wrong. You clearly don’t understand the tax code, or basic personal finance for that matter.
The main advantage is that you can enjoy your life longer especially while you have your health still
OP, don’t know what to say except your math is wrong. Roth is an optimization on the margin; no way any tax savings beats having a paycheck, avoiding big discounts on the pension, and pre-65 subsidized health care. You may need to get a financial advisor. Or at least run your math by your EY guy.