Financial Planning / Retirement Questions
Buy bonds now? Contribute to 457 plan?
Terry, Is this a good time to invest in short term Bonds,if so how do I go about picking a...
Finding a Certified Financial Planner
My husband and I are in our mid-50's. We have saved and invested for years and want to have a...
IRA investment
What kind of funds at age 70 should an IRA be invested in? Terry Says: There's no set rule. That...
(MAP) Managed Allocation Portfolios/fees
We are retired for several years. We have been with this financial group for 20+ years. A few years ago...
Beneficiaries and contingent beneficiaries
Terry, what is your opinion regarding POD's or TOD's (pay or transfer upon death) accounts? I think these are called...
Gift tax return needed if gift is returned?
Hi Terry, if ownership of an insurance policy valued at about $60K is transferred from a mother to a daughter...
ROTH IRA –minor child as beneficiary
What are the rules when leaving a ROTH IRA to a minor child? Terry Says: Aha, you've touched on a...
social securitydeal
My wife is 68 collects 1300/month I am 64 I collect 1700/month from social security ,are we able use this...
FIA
Recently an advisor was indicating that we should invest in an FIA. I am a few years away from retirement...
Retirement Pension
I am 54 yo and retired. My husband passed away and his death benefits support me. When I turn 55...
Column on 401(k) Borrowing
Good Morning....Being a lifelong Chicago resident I have always enjoyed your sage advice on financial matters on TV, in print,...
457 Retirement Plan
My daughter, in her 20s, just got hired as a police officer and is offered a 457 deferred compensation plan...
social security — file and suspend?
I was born 6/1950. My husband was born 8/1947. He is presently working and not taking social security. Would it...
401K annuities?
Hello Terry, Read your book several years ago and followed your column back in Chicago when i was living there....
Passing on financial assets in a Will
My wife and I, both in our late 60’s, have built a retirement nest egg, not huge, but comfortable. I...
what to do with a 65k inheritance?
We are retired( 69 & 71) living ok on social security. We are inheriting 65k. We have no debt. We...
safe max cost of new home purchase
I am a newly retired teacher and am shopping for a new home for retirement. i am planning on paying...
Social Security Deferral
I was reading your column in the newspaper and had a question about what was said about social security deferral:...
continuing care vs long term care insurance
what is your current opinions on the two: continuing care facility or continue with long term insurance Terry Says: Long...
Quicken 2016 for Mac
Can you understand why the Quicken folks would publish a budget program that WILL NOT allow a user to create...
