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The SECURE Act officially took effect when calendars turned to 2020 and it will create significant changes for retirement accounts moving forward. Find out what you need to be paying the most attention to and how it will affect your financial planning.   Show Notes and Additional Resources: https://johnsonbrunetti.com/?p=4680    Today's Rundown:  0:45 – We have to talk about the SECURE Act now that it’s taken effect in 2020.   1:49 – What is a Stretch IRA and what does it mean that it’s going away? 3:38 – This brings Roth conversions into play a lot more. 4:43 – Let’s look at some numbers to see how this would look in real life. 8:26 – This really might impact the ability to pass wealth on to future generations. Inheritances might look a lot different soon. 9:45 – The other important component to the SECURE Act is the change of the RMD age. 12:26 – How we’ll help clients make adjustments to this new legislation. 14:19 – Mailbag Question: I found a great deal on a townhouse I’d like to buy and turn into rental income. I’d like to pay cash for it but that would require taking $70,000 out of my IRA. Is that a bad idea? 18:06 – I’ve never been in a hurry to pay off debt. I never pay extra on my mortgage, never paid cash for a car. I know debt is bad but it’s allowed me to save more towards retirement that I could have otherwise. Am I missing something here? 20:02 – I just received a medical diagnosis that will shorten my life by a number of years. I’m 64 and planned to wait until 70 to start Social Security but I think I should start it now. Do you agree?