Ask Terry
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Credit/Debt
Debt/retirement
I’m 44 currently making about 150,000/year. I have about 30,000 in debt. I was thinking about pulling from my 401k..
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Financial Planning / Retirement
IRA fee
Terry, I,m paying a fee of about $1,100 per month for what they call an Advisory Solutions type of portfolio..
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Wild Card
Taxes
Terry, I got married in 2023 and filed jointly with my husband. The expected refund was applied to taxes the..
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Chicken Money
bonds
I have $40,000 to invest in my son’s college education. He is a junior so I need it in 2..
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Investments
How should my elderly Aunt invest her savings at Fidelity?
Hi Terry- My Uncle recently passed away and my Aunt has just under $200,000 from his life insurance. What is..
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College Savings / Student Loans
Advise for a teenage son’s finances
My 19 yr old adopted son received FAFSA funds to attend a Jr. College in August 2024. Recently he received..
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Insurance & Annuities
Medicare Advantage?
Terry, I enjoy you on WGN Morning News. I thought I heard you say you should not buy a Medicare..
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Taxes & Economy
Early Pension Withdrawl penalties
I am hoping you can guide me. I had some hardship in 2023 and withdrew the last of me IRA..
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Housing / Real Estate
Depreciation Recapture Tax
We purchased a condo in 2011 and have rented it out since then. Each year, the rent we collected didn’t..
