This Simple Strategy Can Save Retirees Thousands (or More) | Julia Lembcke

WANT RETIREMENT PLANNING HELP? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com We're trying something new I've been wanting to do for a while: inject more videos focusing on the best practices of wealth building Today Julia Lembcke, Certified Financial Planner and Managing Director at URS Advisory tells about about how the preferred sequence to use when withdrawing funds from your various forms of retirement accounts. Account withdrawal order is VERY important. And it's one that most people actually get backwards. To learn how to potentially save yourself thousands -- if not hundreds of thousands of dollars in taxes in retirement, watch this video. #retirementplanning #retirement #taxsavings 0:00 - Julia Lembcke Introduction & Background 4:19 - Trend of People Retiring Earlier 5:54 - Why Withdrawal Sequence Planning Matters 7:40 - The Ideal Withdrawal Order (No One-Size-Fits-All) 9:06 - Case Study: High Pre-Tax Account Balances 9:57 - Roth Conversions Strategy in Your 50s & 60s 12:00 - Using Brokerage Accounts to Fund Roth Conversions 13:06 - Should You Convert in Your Current Tax Bracket? 14:33 - How Planners Use Software & Projections 16:56 - Strategy for High Earners in Top Tax Brackets 18:06 - Roth 401k Contributions & Backdoor Roth IRA 21:13 - Health Savings Accounts (HSA) Explained 23:55 - Why You Should Let Your HSA Grow Tax-Free 25:52 - Most Common Withdrawal Sequence Mistake 28:39 - Advice for Younger Viewers: Diversify Tax Buckets 31:20 - Big Retirement Mistakes: Underspending vs Overspending 36:03 - Spending Too Much in Early Retirement 40:46 - The Role of a Financial Advisor (Coach vs Accountant) 43:39 - Prioritizing Retirement Savings vs Kids' College 49:51 - Portfolio Allocation & Sequence of Returns Risk 52:17 - Working Too Long & Medicare Planning Mistakes 54:04 - When to Claim Social Security 1:00:51 - Market Outlook & Parting Investment Advice 1:03:38 - Final Advice: Always Do the Math _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. All the details on Thoughtful Money's relationship with the financial advisors it endorses, many of whom regularly appear on this program, can be found in the following documents. We highly recommend you review these documents as they cover the terms that will apply should you choose to work with one of these firms at any time after watching this video. Thoughtful Money Disclosure Document: https://thoughtfulmoney.com/wp-conten... Thoughtful Money Agreement: https://thoughtfulmoney.com/wp-conten... IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance. Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC. Copyright © 2026 Thoughtful Money LLC. All rights reserved.