u/Master_Log_3958

Curious if anyone does financial plans for their older clients (75+) who have been retired for a long time and are at little to no risk of ever running out of money.

It seems like I spend a lot of the time just talking about risk reduction and estate planning. I had a meeting with an older couple who were almost offended when I asked how much they spend per month. Curious if others do a formal financial plan with software or just keep it basic and have conversations about risk and estate planning…

If I max a Roth IRA every year, then pull out just the contributions the next year (no earnings), and keep repeating that does this become a pain for my CPA?

Also how hard is it to track what my contributions are and how much I’ve taken out each year?

I max out my Roth 401k each year but haven’t been maxing out my Roth IRA. I’m thinking of using it as an emergency fund. Thanks!