Cash flow is kind of important, in (early) retirement as in life. No cash flow, no nuthin’ – can’t pay the bills, can’t buy the things, can’t do the stuff.
A couple common cash flow challenges in early retirement involve:
- wanting to spend retirement account income before age 59.5 (you have the funds, it’s just locked in tax-deferred accounts)
- contributing to tax-deferred accounts when you have little to no cash on hand (but have earned income)
I like to get around these challenges with a little legal money laundering.