Financial Planning / Retirement Questions

I sent a question earlier about my Roth 401(k) conversion. I should have indicated that I’m currently 56 years old,..

Will versus trust

Hi Terry. I am 39 years old and recently switched jobs. I have about $120k in my 401k from my..

I was listening to WGN as you talk to Jon today about taking money out once you’ve turned 72 I’m..

Hi Terry, Can you offer some advice regarding a difference of opinion between my wife and I? For some background:..

I turned 72 on 08/01/22 & have not started taking my rmd’s yet can I wait till I’m 73?

I have been getting widows social security payments since my husband died several years ago. I am still working part..

Hi Terry Savage, I listen to you on WGN on Wednesdays. My question is if my wife was on disability..

I’m 71 have 3 grown children but don’t have a will. What’s the best way to go? Thanks

How do I determine if a conversion is right for me? I ask my CPA and he seems puzzled. My..

Terry, I became a widow this year and I am still working full time at turned 72 in November. I..

If diversity in your portfolio holdings is a good idea, why would consolidating your retirement accounts with one custodian also..

I have a large amount of money in an account with my financial advisor. Anytime I take money out I..

Terry I read your response to your reader about converting a traditional IRA to Roth to avoid tax consequences. I..

Hello Terry, Happy Holidays! My wife and I are both 65 years old and retired. We have most of our..

My wife and I are 70 and will be buying a new home in the next two years. My question..

I will be inheriting a 1/3 of my father’s estate once his house sells in the beginning of 2023. I..

both spouses worked now age 79.He is working part time she is retired, his ss benefit=2500.00 hers is 1200.00 now..

I am a retired teacher in Illinois with 17 years of teaching and receive a state Teacher’s Retirement. I also..

What is the best way to invest a recent unexpected cash input (over $100,000) while in retirement? My spouse and..