Financial Planning / Retirement Questions

My mother created joint checking/saving accounts with her and my name on them. Upon her death I am told these..

I always thought I would wait until 70.5 to begin drawing benefits from SS. I am not sure I know..

Hi terry , thank you for taking my question, I’m just a construction guy who knows absolutely nothing about financial..

Must take significant RMDs from S&P 500 fund. Hate to do so since these are lower now. Does it make..

Is it better to take a lump sum and put it in 401k or take payments?

Instead of selling stock to meet a RMD, can the stock be transferred out of the IRA in kind, giving..

If I wait to retire until I an 75, what repercussions are there for not taking social security and Medicare..

How to handle market drops if you are required to make Required Minimum Distributions. We have TIP bond funds in..

My wife and I are 55 years old. I recently inherited $200,000.00. No credit card debt, we owe $70,000 on..

i am 87 I pay no fed tax. I have eebonds coming due and I already cashed some with interest..

Hi Terry, I’m 75 in good health but my husband is 86 and has alzheimers. I just put our house..

I was working at a company left in 2019 left a 401k up for $13,000 should I cash out or..

Good morning. I am selling my house and receiving about $180K in profit. I have a 457 plan which I..

My husband is a year away from retirement. He’s heavy into contributing to 401K Should he contribute less since we..

Hi Terry! I have a Simple IRA with around a $50,000 balance from a previous job, and new 401k and..

My wife has 19 credits to go before she receives the required 40 credits for Social Security. She has 2..

https://www.terrysavage.com/how-to-rollover/I no longer work at my job anymore and I want to transfer my 401k. Do I transfer it to..

I was approved for the affordable care act in 2022 and I receive a $600.00 credit each month. I will..

Is there any discussion regarding waiving the 2022 RMD as was done a couple of times before. Taking a distribution..

I will be 66.4 months in July and want to start collecting full benefits. It will be around $2000 a..