Financial Planning / Retirement Questions

My husband and I will start collecting social security in five years at the age of 65 for each of..

Hi Terry, I inherited a traditional IRA from my Dad who passed away this year at age 86. I am..

Hi Terry, I have been on SS Disability since 2008. I hope to receive a lung transplant soon, after which..

Our financial advisor suggested we consolidate all our 401k’s, IRA’s, stock funds, bank accounts in their company to get a..

Hi Terry, I have $3,500 left to contribute to my IRA account for 2020, If I deposit this money in..

Terry, what is your opinion of a “Flexible premium fixed index deferred annuity”? A financial consultant recommended that I transfer..

I am 68 yrs. I am divorced after 20 yrs of marriage. I currently receive my own SS benefits. Can..

Hi Terry: I’m 69 and retired, and I pulled out $220,000 this year from my traditional IRA to buy a..

My husband recently received a years salary severance after being let go due to reduction in workforce. We are wondering..

Hi Terry. My wife and I each contributed $7,000 ($14,000) to our Roth IRA accounts at the beginning of 2022...

Terry, I think I am in a corner but I will ask. I am 72. spouse is 71. we have..

Is consideration being given to waiving the RMD requirement for 2023 due to the poor performance of the stock markets..

Terry I disagree with the advice in your column today about when to start taking social security. You say that..

I heard that due to the IRS rate tables changing, the lump sum payout option is going to take a..

I am not sure of the rules. Do I have 10 years to take all of the account? Do I..

Hello Terry, I am interested in Treasury bonds but know only a little about them. My wife and I are..

Terri: We are married, ages 64 and 68. We are well off. Both retired. We have a broad mix of..

Hi Terry, My wife and I have 50-60k we’d like to invest for 3-5 years. What advice would you give..

Morgan Stanley informed me of an imminent RMD $8000. I’m losing over 14% in all investments with them. Why should..

Hi terry, thanks for your service!!! I have a beneficiary IRA from my mother when she passed. It is getting..