Q&A
Asked by franklin
Answered by Stephen Bowden
Accredited Investment Fiduciary AIF ® in Lakewood, WA
Accredited Investment Fiduciary AIF ® in Lakewood, WA
It depends upon the sponsor of the 401(k), and
the may be limited by a maximum percentage of
its worth. Best advice would be to talk with
them to see what options you ...
Q&A
Asked by Kate
Answered by Michael Minter
Financial Adviser in Tampa, FL
Financial Adviser in Tampa, FL
This a blanket question. Each and every
individual situation is different and can
apply, or not apply to many individuals,
families, and or businesses. There is good...
Q&A
Asked by Carla
The best thing to do is to get your house in
order again. Once you are strong enough to,
start accumulating. As you work, take a
percentage and invest in your company'...
Q&A
Asked by Erin
T
Answered by Tim
Like many things in life . . . it depends. If
you have an actual defined benefit pension
account, you would be looking at moving it to
some other pension manager, and...
Q&A
Asked by trish
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
Mortgage Professional in Moreno Valley, CA
Invest in Real Estate. If you invest in real
estate now, then by the time he turns 62 you
can do a reverse mortgage and either live off
the equity, or at least not ha...
Q&A
Asked by Sarah
Answered by Richard Eddy
Financial Adviser in La Verne, CA
Financial Adviser in La Verne, CA
A very broad rule of thumb is to say 20 to 25
times the annual income that you would desire
in retirement. Now, if there are other sources
of income (social security, ...
Q&A
Asked by Bobbie
Bobbie,
Your husband’s social security will
work the same way everyone else’s does. What
is important is his age and not necessarily
when he retires. Social securit...
Q&A
Asked by Daniel
Daniel,
This is a very interesting question.
I don’t think there is a “time of year” to
leave things unchanged. In other words, there
is no rule of thumb that would...
Q&A
Asked by Carla
Carla,
This is an interesting question and
doesn’t have a right or wrong answer. Let me
explain.
If we assume you are speaking of
two retirement accounts of the...
Q&A
Asked by an anonymous user
You could take the traditionally recommended
approach that is repeated religiously by the
financial media, CPAs and most financial
advisers, or you could explore your
...
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