Q&A
Asked by Eric Chamberlain
Financial Adviser & Risk Manager
Financial Adviser & Risk Manager
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Eric,
There are a multitude of methods
to address this. First let's determine if you
are an investor or a speculator (gambler)?
To do this we use a 3-legge...
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi anonymous,
Higher income is not
indicative of higher taxes. What is your
compound annual growth rate (CAGR) on the
maxed out 401(k)? Is it meeting your
lifesty...
Q&A
Asked by an anonymous user
Answered by Jose Sanchez
Financial Adviser
Financial Adviser
Absolutely! Generally, you can leave it in
the same fund as long as you can find the fund
and fund family at the custodian (financial
institution) where your IRA Roll...
Q&A
Asked by ruben5702
Answered by Michael Zaino
President & CEO, TZG Financial in Charlotte, NC
President & CEO, TZG Financial in Charlotte, NC
Such a tough question to answer, as how much
is ever "enough"?
Many factors come into
play. What types of retirement vehicles have
you used to amass your nest egg? ...
Q&A
Asked by an anonymous user
Answered by Lars Larsen ChFC®
Financial Planner in Burlingame, CA
Financial Planner in Burlingame, CA
You might find numbers floating around out
there with how much you should have saved at a
certain age. While that may be helpful as a
guide, the reality is that everyo...
Q&A
Asked by David Drake
Answered by Mark Haynie
Mortgage Professional in Los Angeles, CA
Mortgage Professional in Los Angeles, CA
Hi David - I assume you're currently taking
distributions? If so you will have a
distribution letter from your IRA provider
that states you're taking $XX a month in 2...
Q&A
Asked by Nery
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
The easiest way to locate your 401(k) is by
contacting your old employers or the plan
administrator.
Q&A
Asked by Henry
Answered by John Cole
Insurance Agent in Indian Trail, NC
Insurance Agent in Indian Trail, NC
I like annuities and life insurance. 401k's
and IRA's can be a good investment but to be
honest there's too many hidden fees in those
products. In today's economy in r...
Q&A
Asked by Tom
Fees paid to your advisor should provide
benefits and value that out weigh the cost, or
you should seek out another advisor. In order
to do a good job for you the adv...
Q&A
Asked by an anonymous user
Answered by Julia M. Carlson
Financial Adviser in Newport, OR
Financial Adviser in Newport, OR
No! It’s generally a poor decision to take
from your retirement to pay any bills. The
reason is that your 401k is earning and
building for what you’ll need later. It’s...
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