Evelyn, I too am an eager shopper. My friends and I always have a budget, and...
Evelyn, I too am an eager shopper. My friends and I always have a budget, and to help us stick to it, we only bring cash to our shopping trips. Also, be sure to plan for the little expenses (that can...
View ArticleWendy, I like the idea of only bringing cash on shopping trips!
Wendy, I like the idea of only bringing cash on shopping trips!
View ArticleEvelyn, have a plan on shopping, bring only the cash you want to spend, when...
Evelyn, have a plan on shopping, bring only the cash you want to spend, when it is gone, have some coffee and go home. The bargains aren't always real and it is almost impossible to get the ones that...
View ArticleRandy, if you're ready, here's one from SaverPlannerWanderer
Randy, if you're ready, here's one from SaverPlannerWanderer
View ArticleMy dividend incomes will suffer shortly via higher tax: Should I realign my...
My dividend incomes will suffer shortly via higher tax: Should I realign my retirement savings immediately or wait & see? ($500K)
View ArticleSaver - Trying to guess what Congress will do is frustrating for everyone. My...
Saver - Trying to guess what Congress will do is frustrating for everyone. My understanding is dividends will once again be treated at the ordinary tax rates. Without knowing your income taxes, I would...
View ArticleSaver - Consider doing all three...dividends, tax free, bucketized portfolio....
Saver - Consider doing all three...dividends, tax free, bucketized portfolio. If you're working with an advisor, they can put it together for you. If not, go to napfa.org to find a good CFP.
View ArticleAlright Bonnie, how about you take this one from Nate
Alright Bonnie, how about you take this one from Nate
View ArticleGreetings !! I was wondering if anyone has Data on the size of 401K's today...
Greetings !! I was wondering if anyone has Data on the size of 401K's today based on age group? I am 60 and was wondering where I am based on other balances
View ArticleI have 10,000 that I could use to invest, and I was wondering what the...
I have 10,000 that I could use to invest, and I was wondering what the Planners think of putting in a On line invest in Mutual funds? Something line the Vanguardon line.com ?
View ArticleHi Nate, love a research hound like myself - a place to start - www.ebri.org
Hi Nate, love a research hound like myself - a place to start - www.ebri.org
View ArticleBonnie/Planners, any advice for Nate about the $10,000 he has to invest?
Bonnie/Planners, any advice for Nate about the $10,000 he has to invest?
View ArticleNate, what's your age? If you know you have it to invest (vs. needing it in...
Nate, what's your age? If you know you have it to invest (vs. needing it in less than 5 years), certainly Vanguard is an excellent, low cost way to go. If you are unsure of where to invest it, they're...
View ArticleNate - Sounds good. Consider looking at a "moderate allocation" fund for the...
Nate - Sounds good. Consider looking at a "moderate allocation" fund for the long-term. Vanguard is a great place for lower fees that can have a real negative iimpact.
View ArticleNate, I like Vanguard and their funds. They are low cost and offer a variety...
Nate, I like Vanguard and their funds. They are low cost and offer a variety of options. As long as you are willing to stay in the market for 3+ years, then I would invest there. Also, spread it out...
View ArticleNate, vanguard is a terrific choice and depending on your age and time...
Nate, vanguard is a terrific choice and depending on your age and time horizon, they have a great educational section on the site. Maybe a balanced fund or their old tried and true Wellington fund,...
View ArticleAlright planners, I'm going to post the last two questions from Ronald and...
Alright planners, I'm going to post the last two questions from Ronald and Terry. Feel free to weigh in on either/both!
View ArticleI'm having a hard time deciding whether to convert my IRA to my Roth IRA. I'm...
I'm having a hard time deciding whether to convert my IRA to my Roth IRA. I'm 61, opened Roth 10+ years ago, have 300k in IRA, with 30K of those non-deductible contribution (8606 basis). I'm unemployed...
View ArticleHi Terry, my Errors and Omission insurance will not cover a detailed,...
Hi Terry, my Errors and Omission insurance will not cover a detailed, specific response to your individual question so I hope you understand. However, I can give you general guidance and between that...
View Articlei've used the calculators with inconsistent results. Thanks. I'll march on in...
i've used the calculators with inconsistent results. Thanks. I'll march on in my quest elsewhere then. Will probably pay now vs. later, so as not to impact medicare and ss.
View ArticleTerry, I understand why this is such a tough decision. With so much on the...
Terry, I understand why this is such a tough decision. With so much on the line, I agree with Bonnie, this is not a one answer question and almost impossible to answer in a forum such as this. Hire a...
View ArticleTerry, a Roth conversion can be a nice gift to your heirs, especially in your...
Terry, a Roth conversion can be a nice gift to your heirs, especially in your financial situation where you can afford to pay the tax outside of the conversion. About 10% of the amount that you convert...
View ArticleTerry - To convert or not convert. That is a good question, but without a...
Terry - To convert or not convert. That is a good question, but without a good definitive answer. Bonnie is correct that there are too many circumstances that come into play. To get started though, go...
View ArticleThanks to all others .... Randy, good tip. I'll check out that link!
Thanks to all others .... Randy, good tip. I'll check out that link!
View ArticleHow does real estate play a role in retirement? I won four properties. One is...
How does real estate play a role in retirement? I won four properties. One is my home and the others are rentals. Can i bank on these adding to my retirement portfolio?
View ArticleRonald, real estate is an investment in your financial assets. It is...
Ronald, real estate is an investment in your financial assets. It is different though because it has costs associated with it as well as upkeep and taxes upon sale. So, it can be a part of your...
View ArticleRon, real estate can provide income but not liquidity. It can be helpful to...
Ron, real estate can provide income but not liquidity. It can be helpful to determine if the rentals are cash flow positive, and if not, you may want to talk to your tax professional or a CFP®...
View ArticleRonald - Retirement is all about income. If you have assets that produce the...
Ronald - Retirement is all about income. If you have assets that produce the income from varied sources, then your properties should work well. I've found real estate is not so much a question of to...
View ArticleAh. I see Ronald's question now - yes, you can certainly bank on these - do...
Ah. I see Ronald's question now - yes, you can certainly bank on these - do you want to keep the rental income or sell and invest the proceeds? You have successfully used a traditional way to amass...
View ArticleAnd there's often a tipping point with real estate that Wendy alluded to -...
And there's often a tipping point with real estate that Wendy alluded to - when the expenses and hassle outweigh the receipts, it's often time to sell
View ArticleThanks, all. Some great advice for Ronald. Randy, great point about whether...
Thanks, all. Some great advice for Ronald. Randy, great point about whether you enjoy it or not.
View ArticleI have to leave now, enjoyed the time with you all
I have to leave now, enjoyed the time with you all
View ArticleMe too, thank you for all of your questions. And thanks for hosting!!
Me too, thank you for all of your questions. And thanks for hosting!!
View ArticleA HUGE thank you to Rich, Deborah, Bonnie, Wendy and Randy for helping out...
A HUGE thank you to Rich, Deborah, Bonnie, Wendy and Randy for helping out today. I’m always so impressed by your advice!
View ArticleThanks, Kiplinger. Always an interesting chat.
Thanks, Kiplinger. Always an interesting chat.
View ArticleAnd thank you, readers, for all of the great questions.
And thank you, readers, for all of the great questions.
View ArticleWe'll be hosting one more live chat with NAPFA planners this year on...
We'll be hosting one more live chat with NAPFA planners this year on Thursday, December 13, 1pm to 3pm ET (same time, same place!).
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