Financial Planning / Retirement Questions

Hi Terry, by the way I watch you all the time on wgn am. thanks for the answer but I..

Hi Terry, I am currently leasing my car lease is up 4/7 I am 76 still working part time I..

I reinvested a supplemental retirement account into an IRA. Roughly 300,000. Another 27,000 I put into my savings because I..

Will RMD Withdrawal be mandatory for those over 70 1/2 in 2021? I believe this was not required for 2020,..

Retiree is entitled to SocSec of $2300/mo. at age 62, or $3300/mo at age 66 and 10 mo. Retiree would..

I am aware that as a U.S. citizen I am allowed by IRS regulations to give max. $15,000 to as..

I manage the finances for my 101yo mother who is in a nursing center. She is in fairly good health..

Situation – while maintaining an Illinois home address (for convenience with parents), taxpayer traveled extensively in 2020 and had ALL..

Hi Terry, My boyfriend and I own a home together and we are both on the deed. I have inherited..

Can you explain about gifting money to individuals, tax implications and about the $15,000 max a year and what happens..

hello, i have a family member that just won a sizable lottery prize, approx. 1 million dollars. where does one..

Dear Terry, Lately I’ve been entertaining the thought of opening a money market IRA because of the easy liquidity feature...

I will be 67 in April and my husband just turned 60. He works for a junior college , has..

Hi Terry, I have very small amounts in a couple of Roth IRa’s. I listened to you on noon hour..

Hi Terry, What is the best course of action for taking money out to use in our retirement? We have..

Good Morning, I have a 1 time decision to make with my finances, and I would like to talk to..

I am 71 and need to take my first RMD. Vanguard tells me my first RMD will be a little..

My 80 yr old mother was admitted into a nursing home 3 weeks ago and probably will be there for..

I am 62 years old and currently collecting Social Security benefits. If I start an LLC does any money I..

Currently I am debt free and retired. I have about 13% of my portfolio in bonds. My pension and Social..