Financial Planning / Retirement Questions

My Mom died on Feb. 22, she received her s.s. benefit on Mar.1st by direct deposit. On Mar. 27th they..

Is it better to have a IUL or 401k and what is the difference between the two

Hi Terry, I am a 60 year old union ironworker, getting ready to retire at 62. I’d like to get..

I see a lot of advice regarding converting traditional IRAs to Roth. I honestly don’t understand it. Won’t most of..

Both my husband and I worked for 35+ years. We are both 62. My husband earned more money than I..

I have a traditional IRA. I have a living trust. Should I place the IRA in the living trust to..

I ‘m 63 1/2 years old, I was permanently laid off from my job of 23 years. I am in..

I’m 78 and have a small IRA. What is the benefit of an IRA versus just having a savings account?..

Can you recommend a reliable honest trust attorney to make changes to my existing trust?

Dear Terry, I currently have a Roth IRA with about $70K in it and inherited a IRA with a little..

Terry, I’m in conversation with [broker named] about Fixed Indexed Annuities and using them to replace the Bond part of..

Do foreign distributions from foreign pensions, count as income? Does a tax-free lump sum as part of a foreign annuity..

Good morning Terry, My husband passed away 8 years ago. I started to receive Surviving Spouse SS. In one of..

Grandson os 16 started working p/t wants to put money away towards retirement. Has to be at his job a..

Hello Terry! My elderly father recently moved back to Illinois after living out of state for twenty-three years. He has..

My wife and I are closing in on 78 years old. We have a trust agreement and wills. Should our..

Terry, I am 74 and worked in 2023. I contributed $21,436 in 2023 to a 403b traditional plan at my..

I’m almost 70 and am ready to retire. I own a house with a mortgage balance of $130k . Interest..

I missed my RMW for one of my accounts through no fault of my own. My former employer switched providers..

Im selling my home and moving into a senior complex. I will have a small amount of profit like 60k...