Financial Planning / Retirement Questions

Thank you for your response regarding the IL Probate. I didn’t mention that the account I am referring to doesn’t..

I will be 63 in June. I am currently on unemployment and have not taken s.s. benefits yet. My question..

I know that the probate amount in IL is $100,000. My question to you is: If you have a savings..

I took a RMD from my IRA last year and then returned to the same IRA after learning it wasn’t..

I’m 74 and still working part time – mainly to get out of the house. I estimated my 2020 income..

Good afternoon. I started taking social security at age 62. I was recently offered a job but the pay would..

What ratio do you recommend of savings compared to total investments and RMD’s. Currently, savings are 22% in a platinum..

WHAT IS BETTER? A BANK ACCOUNT A JOINT ACCOUNT A POD , TRUST OR A WILL WHEN I DIE?

Hi Terry, I will be taking an early retirement from my company that will be effective end of June. As..

What do you think of 7702 plans?

My friend made a withdrawal from her 401K plan to rehab a house for rental property purposes. My question is,..

Just a quick question. I turn 72 on November 23rd 2021. Am I required to take a RMD for the..

My wife and I are 54 years old. Youngest son is out of college so financially we are in a..

Terry, We’ve refinanced our mortgage last january to a 8 year, 4.625% that currently has $168K left. We have been..

I am 70 years and 9 months old. When can I start taking the MRD from my IRA account?

Looking to retire in 2021 at 63 and a financial advisor wants me to put 45% into an index annuity...

Husband and I have $80k balance for HELOC I have approximately $900k in different IRA and retirement funds rate of..

Hi Terry, My husband and I have about 75K in our savings account that is not making any interest. What..

Hi Terry, I am 59 years old I retired in December of 2019 1year ago. I have a pension I..

I am a retired Chicago public school teacher. I have a vanguard target 2020 retirement 403b. Now that I am..