Q&A
Asked by mary_4701
Answered by Drew Blackston
Financial Adviser
Yes, you will be able to file for your full benefits when you reach age 70.
Q&A
Asked by an anonymous user
Answered by Stephen Hartel
MBA, AIF in Denver, CO
In general, you should be saving like crazy now, so that your money has longer to take advantage of compound growth. First, though, you should meet with someone who ca...
Q&A
Asked by Paulmeech
Answered by Barry Rabinowitz
Financial Adviser in Plantation, FL
Hi. There is something called Pension Guarantee Fund, which may provide you with the same or reduced pension if your company plan is discontinued, or fails. The compan...
Q&A
Asked by Eric Chamberlain
Financial Adviser & Risk Manager
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Eric, There are a multitude of methods to address this. First let's determine if you are an investor or a speculator (gambler)? To do this we use a 3-legge...
Q&A
Asked by an anonymous user
Answered by Kim Anderson PRO+
Financial Adviser
When you apply for benefits, Social Security will review your earnings history (which typically ends at age 60) and will come up with an average for your highest-paid ...
Q&A
Asked by toliver
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Toliver. At 70 1/2 years old, a traditional IRA has RMD's (Required Minimum Distributions) that may be due. What reasoning did this person use when telling you ...
Q&A
Asked by c.desmond11
Answered by Larry Gilmore
Insurance Agent in Marysville, WA
The way to think of a traditional or Roth IRA is like a shoebox. It's what you put inside these boxes - that can be a fixed-rate investment product or a variable-rate...
Q&A
Asked by an anonymous user
Answered by Jim Sorenson
Mortgage Professional in Kirkland, WA
There is no simple answer to your question as there are many factors that come into play. It will come down to your own personal needs and goals. A few things to think...
Q&A
Asked by an anonymous user
Answered by Stephen Hartel
MBA, AIF in Denver, CO
As long as they were married for 10 or more years, the wife can choose the larger of her own benefit or her husband's.
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi anonymous, Higher income is not indicative of higher taxes. What is your compound annual growth rate (CAGR) on the maxed out 401(k)? Is it meeting your lifesty...
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