Financial planner recommendations not making sense
My wife and I are planning to retire in our early 50s (fingers crossed), but without any taxable accounts, accessing the money is going to be a challenge before 59.5.
Our financial advisor (used as a second opinion - paid hourly fwiw) put together a rough bridge plan that includes withdrawals from our 457(b) and then possibly some combination of SEPP and Roth contributions.
Then he said something that made me pause - "go very conservative in your Roth"
Our overall AA is 80/20, and he was recommending that the Roth account should be more like 60/40 or 50/50.
Why? I'm really not sure. Can anyone think of a good reason to do this? I'm sure I'm missing something.
The only thing I can think of is that he was wanting to conserve our Roth contribution basis because we might need to tap into some of that, but the contributions only make up 1/3 of the account, so it would need to suffer EXTREME losses to not be able to pull contributions out if I needed to.
For the record, Roth contributions would likely be the third rail for the withdrawals - I'd try to limit those as much as possible before 59.5.