Q&A
Asked by Kathleen
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Upvote 23
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The simple answer is yes, you do. You need to
take maximum advantage of all of your
retirement savings opportunities: 401(k) (pre-
and post-tax) and IRAs (preferably ...
Q&A
Asked by Lynn
Answered by Tracy Scott Burke
CFP®, ChFC® in Harrisburg, PA
CFP®, ChFC® in Harrisburg, PA
Hi Lynn,
Rebalancing your 401(k) is a good
idea. As an example, assume your 401(k) has
an initial asset allocation of 50% stocks/50%
bonds. If the stock market do...
Q&A
Asked by Owen
Answered by Michael Minter
Financial Adviser in Tampa, FL
Financial Adviser in Tampa, FL
7% Free Money Match is the minimum, is your
answer! Money you have over and beyond to
invest, work with a independent financial
professional to determine the most effe...
Q&A
Asked by an anonymous user
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
Mortgage Professional in Moreno Valley, CA
If you are 62 or older and have a decent
amount of equity in your home you could do a
reverse mortgage and eliminate your mortgage
payment all together. Then you only...
Q&A
Asked by Per
Answered by Chance Barrett
Financial Adviser in Kalispell, MT
Financial Adviser in Kalispell, MT
Great question. First, I would say it depends
on your Risk Tolerance and Time Horizon. If
you are able to handle bigger fluctuations in
your account and have some time...
Q&A
Asked by Lee
Answered by David Wasson
Insurance Agent in Rohnert Park, CA
Insurance Agent in Rohnert Park, CA
I would ask you first, is the 401(k) your only
way to pay for the hybrid? 401(k) money can
be expensive since it is normally 100%
taxable. Next I would ask if the lo...
Q&A
Asked by Ben Roussel
Answered by David Meyers
Financial Adviser in Palo Alto, CA
Financial Adviser in Palo Alto, CA
The glib answer is simply that you could put
in less. For example, if your marginal tax
rate was 25% and you put $1,000 pre-tax into
the 401(k), your taxes would go d...
Q&A
Asked by me
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
This recent article about Housing Vouchers may
help answer some of your questions, it
contains links to the HUD program.
Q&A
Asked by an anonymous user
You could take the traditionally recommended
approach that is repeated religiously by the
financial media, CPAs and most financial
advisers, or you could explore your
...
Q&A
Asked by Jonathan
Answered by Charles Scott
Financial Advisor in Scottsdale, AZ
Financial Advisor in Scottsdale, AZ
Jonathan, To answer your question completely I
would need a bit more information, but a 75%
employer match would make your pre-tax 401(k)
contribution look like a good...
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