Financial Planning / Retirement Questions
distributions from an old 401k plan at age 55
I have a 401k plan from a previous employer; I left employment in my 40s to become a stay-at-home mom,...
Finding An Adviser For A Low Maintenance Investor
Hi Terry: OK, I'll admit it; I'm a DIY (Do It Yourself) investor; yes, one of THOSE that draws the...
Sold my condo, worried about money/investing
I recently sold my condo and moved into an apartment. I was told by a financial planner that rent increases...
Best source for reverse mortgages
best source for reverse mortgages Terry Says: There are literally hundreds of reverse mortgage lenders. So let me take you to...
advice for someone already 65.
Hi Terry A lot of inquiries are how much should I save, 401K or Roth, etc. What if you are...
Retire at 55 – can you tap into 401k savings without penalty at age 55
Is it allowable to take 401k savings after age 55 without withdrawal penalties ? Terry Says: This is complicated, but...
We’ve reached our number, now what?
Hi Terry, all these years listening to your words and I finally have a question! Beth and I have 2...
Money in CD need to reinvest afer retirement
We have a great amount of money in a CD, my husband will be retiring next Dec 2015. Where is...
Investment for retirement
Is it correct to invest all retirement money (IRA and 403B) in a Fixed Index Annuities at the age of...
Non-IRA annuity used to pay off home equity loan
Have home equity loan balance of approx. $67,000. Paying 2.99% interest on loan. Have 3 Roth IRA's totaling about $26,000...
IRA and 401k accounts related to RMD
Between retirement at 66 and the RMD at 70.5, should I be takeing money out and placing it in different...
Any Opinion on QLAC’s (Qualified Longivity Annuity Contracts)
The US government is concerned about retirees outliving their retirement funds. The IRS recently (7-01-14) issued a ruling on QLAC's...
Should spouses move retirement plans to same investment adviser?
Hi, Terry. Didn't have a chance to ask this when you were at GSU this week. My wife and I...
Retirement – Rent or Buy?
Upon retirement I'll be receiving approximately 70k per year (401k, pension plan, social security), before taxes. I'll have about 65k...
pay off all credit debt with loan from my 457plan to help daughter
Hi Terry:Love you--btw- I am in a dilemma- frugal but not with my daughter now 19--private school etc -and the...
How to use 40l(k) for assisted living
I am 82 and need my 401k for an assisted living place how much will i be taxed Terry Says: ...
Executor of Will
Now that my son is 21 years old (he'll be 22 in January 2015), does it make sense to make...
Retirement Replacement Income
I have read a lot of articles about needing 70 - 80% of your highest yearly income to live comfortably...
spending tracker
I'm sure you mentioned this before but can't find it. I'm looking for a good tracker for expenses, something so...
Picking a fee-based financial advisor
Please help. I would like to hire a fee based financial adviser but have no idea how to go about...
