Financial Planning / Retirement Questions
Pay off mortgage vs Saving for College
Hi Terry, I cant seem to get an honest answer on this question because everyone I ask has their own...
Pension
I have a TIAACREF and IMRF pension account. How do I choose the funds to invest in? I am 58...
Fee for Service Financial Planner
Can you recommend a Fee for Service Financial Planner in the northwest suburbs of Chicago? We want to ask questions...
RMD
My mother is 87 and her health has been declining recently. I had her withdraw more than the required distribution...
Stock investing and Reverse Mortgage
My husband and I are 72 and 73. We have our Northern home paid for, but have an $80,000 mortgage...
RMD
My wife and I must start taking the RMD from our IRA's in calendar 2016. What's the best discipline to...
Living Trust
What steps are needed to be taken by my daughter to put my living trust in effect after my death.....many...
Finding a CFP for retirement
Hi - I'm trying to choose a certified financial planner who specializes in pre-retirement planning. I have two plans in...
Cutting taxes on IRA withdrawals
How can I cut taxes on my IRA withdrawals ? How can I transfer money from a spouse's federal thrift...
We need a financial therapist!
Hi Terry, I love hearing your financial advice on WGN. I am writing because my husband and I need something...
Confidence in pensions (vs. other savings forms)?
Hello Terry, I'm 36, and In my 10th year as a public school teacher. My school district and state combine...
Will Vs. Trust
My husband and I are delinquent in visiting an attorney for estate planning purposes. We are in our mid-30s, have...
Savings bonds — gift to avoid taxes?
My wife and I are both 72 years old and we have $80,000 in U.S. Savings bonds dating back to...
2016 financial preparedness
Terry, we're in a predicament here in how we should prepared for 2016 and need your advice. I am 63...
Social Security Credits
Hi Terry, I am almost 61 years old and have earned 32 work credits prior to 1990. I have worked...
Cost of Financial Planners
Hi Terry, I am a single woman who has been a diligent saver my entire life. I have always tried...
Places to put RMD dollars
My wife and I are both retired. I am taking my RMD dollars as required. We have excess dollars as...
House needs fixing husband won’t pay, won’t sell — help!
We own a home around built around 1984, 2,900 sq. ft. We pay 7.5% interest (we had bad credit when...
Married Couple – Joint Trust or Individual Trusts
Our assets are in both names (home, condo(investment), savings and checking accounts). I have an inherited annuity(husband beneficiary). My husband...
Medicaid qualification
My wife is owner of whole life policy and I am the insured. Will she have to cash the policy...
