Financial Planning / Retirement Questions
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...
457 rollover
Terry, I am curious about what to do with money that I have in an employer (fire department) sponsored 457...
Investing retirement funds
I need to invest retirement funds safely. I have to live off the interest. Invested with one firm and lost...
Roth IRA for adult children
I have 3 children aged 29, 28 and 25. Now that all of their college education expenses are done, I...
Best way to contribute to Mother’s care: early social security or withdrawals from retirement account
My 98 year old mother's savings are depleted and her pension is not enough to cover her assisted living costs....
Long Term Care Insurance
I heard you talk about LTC insurance on WGN radio a couple of months ago. I don't see anything specific...
Extra principal payments on mortgage
Terry, we have less than five years of payments left on our mortgage and we will be retiring in about...
