Financial Planning / Retirement Questions
Fee Managed Portfolio Accounts vs. Target/ Index Accounts
Terry, I am 66 and retired a year ago. I recently rolled over $100,000 from my 401K into the following....
Roth IRA – Young Adult
Hi Terry, my son has a part time job at his school. I would like him to open up ROTH...
Required minimum withdrawls from IRa’s
Thank you for taking the time to answer my three questions on required minimum withdrawls from an IRA. If one...
revokable living trust
What exactly is a revokable living trust? What are the benefits of having this verses a regular will? Terry Says: ...
will vs trust
just missed you on wgn, what is best for me a will or trust? i have appox $200k invested. my...
living trust vs. will
I think I am just like the person you talked about this morning on WGN. You mentioned the topic was...
living trust — role of the lawyer?
I am doing one with a lawyer, but ,other than the bare bones portions he inserted, I have provided 100%...
Investing
Dear Terry: I was a faithful reader when you were a columinist for the Chicago Sun-Times and tried to get...
Repaying personal loan, planning for child’s college, retirement?
Hi Terry: I listen to you every Wednesday on WGN and am always so impressed. My question is I took...
variable annuities in retirement?
What do you think of a variable annuity as an investment for people who are about to retire? What we...
457 withdrawal
Retired drawing pension. Part time employed with $4,000 per year. Can 457 plan be withdrawn. Retired from employer where all...
Age 70, working full time, can I contrbute to co. 401K plan and when must I take MRD, when I fullly retire??
I'm working full time at age 70 and intend to work until I'm 72 or 73. I'm going to continue...
Roth vs Traditional Ira
I am 30 years old, which IRA wouldbe better for me, a traditional IRA or the Roth. Thank you Terry...
401K and Roth IRA?
Hi Terry, I am over 50 and have already hit my max + catch up contribution of $23,000 for 2014....
How are we doing for savings and retirement with 2 children
Dear Terry My wife and I both work and have 2 children ages 9 and 6. We make about $165K...
Long Term Care, retiring at 61
Terry I'm a retired teacher 61 Still have a mortgage Wondering about long term care The pros and cons Do...
Retiring with Paid-off Mortgage?
My financial advisor tells me my retirement is "bullet proof" with three years income in cash, a $70,000 pension, and...
Planning for retirement withdrawals
I am 62 years old and up to now, I have $35K solely in the Fidelity Freedom Fund 2025 because...
Social security taxes on Roth conversion
Terry , I started taking Social Security before I had reached my full retirement age. Last year I converted some...
Long term care insurance; 5 yr. call back
1. If we have assets of $500,000., do we really need long care insurance? We are both 73 years old....
