Financial Planning / Retirement Questions

Hello Terry, My husband is about to retire in 1 month. We have to make a decison on which pension..

Planning on retirement next year have about $50’000 in account I could take small monthlong payments or should I cash..

I do have a question in the area of estate planning that you might have some insight.  My wife Grace..

I have investment in I R A .I am 71 and I am still working.I have 401 k from my..

My wife passed away in 2012 and I inherited her IRA. I have all her IRA records since 1985. How..

I’m 75, my wife is 74. Until the recent market drop, we had roughly $3 million of investments distributed in..

Hi Terry: Our will states that if any of our children pass away, that any financial resources due that person..

WGN showed your newscast about 401 investment owners should take money out now if over 70 years old. I AM..

Hi Terry, My Dad passed away leaving a trust for my sister and I. He lived in California and we..

Hi Terry, we are 54 and have a mortgage on our home. Home is worth approx 700K and we have..

My wife and I are 69 years old. We did a pre-tax IRA to Roth IRA conversion in 2021 and..

Hi Terry, I want to change my financial planner and was going to do it now before the end of..

It’s 10 years since my mother died . You said you have to take it all in the 10 years...

Hi Terry, I’m 65.7 months old and no longer working. I’ve been talking money out of my IRA’s to meet..

In your Chicago Tribune column 10/31/21 you said, “Even if you don’t take any prescription medicines, you should sign up..

Is a Roth IRA taken as a RMD and given as a QCD tax deductible like traditional IRA RMDs QCDs?

Terry, love the show (WGN). I am 70, married and have all my retirement monies in pre-tax IRA (did not..

you state in your 2/27 column “you can name one or two beneficaries.” I believe this is incorrect; I have..

If the Executor of my estate is also a beneficiary, how can I ensure that Executor doesn’t deplete the estate..

If I have $500 k joint acct at schwab, am 75, married and my wife has an $400k ira, i..