172 - What Should I Do When I I Receive a Significant Bump in Income‪?‬ Real Personal Finance

Scott and James discuss what to do when you receive a significant bump in income. 
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Listener Question:
I would like to do the more in-depth analysis you mentioned on today’s podcast if you are willing. We hope to retire in the next 5 years, at age 55/56. I am eligible to begin receiving a pension after this year, but plan to "double-dip" for the next 4-5. I have questions about 403(b) and 457 accounts, rollovers, and distributions.







Planning Points Discussed
Utilizing Time Efficiently Capital Appreciation Purchasing Power Other issues (IRAs, Inflation, Financial Goals, etc.) Timestamps:
2:30 - We're on YouTube HERE!
4:15 - Income Basics
10:02 - Income Raises & Planning Changes
17:38 - How Much To Save For Different Goals
20:32 - Aligning Your Financial Goals
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