Jill on Money with Jill Schlesinger Inherited IRA Opportunities?
6 snips
Feb 2, 2026 David, a listener who inherited an IRA and brokerage account, walks through plans to reshape work and lifestyle after receiving the assets. He discusses tax timing, a 10-year IRA withdrawal strategy, housing and mortgage considerations, and plans to shift to part-time work while keeping travel and hobbies like curling on the calendar.
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Retire If Income Gap Is Covered
- Consider retiring now if inheritance plus spouse income covers expenses and health insurance is secured.
- Use the inherited IRA withdrawals over the 10-year window to fill income gaps while keeping taxes low.
Caller’s Strong Nest Egg
- David reports $1.4M in his retirement accounts split between Roth and traditional 401(k)s.
- He also inherited $330k in an IRA and about $380k in a brokerage account.
Combine Income To Lower Taxes
- Coordinate part-time work and spousal income to stay in a lower tax bracket while using inherited assets.
- Keep health insurance coverage in mind when one spouse retires early.