Q&A
Asked by an anonymous user
Answered by Lars Larsen ChFC®
Financial Planner in Burlingame, CA
Financial Planner in Burlingame, CA
First, let me congratulate you on asking this
question in your early 20s. The earlier in
life you start investing the better. The
compounded rate of return over a long...
Q&A
Asked by Magaly
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
You can use the search feature right here on
MoneyTips to find a financial advisor in your
area. https://www.moneytips.com/search
Q&A
Asked by an anonymous user
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Upvote 15
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This country has made a revolutionary shift
from pensions to a self-service retirement
model (401Ks, IRAs, etc). The average baby
boomer has not yet fully adjusted to...
Q&A
Asked by Michael
Hi Michael! I'm a huge fan of paying off debt
as soon as possible. You can't build your
finances up if you are busy filling in a hole
of debt. Make a plan to focus all...
Q&A
Asked by Martha
Answered by Prateek Mehrotra
Financial Adviser in Appleton, WI
Financial Adviser in Appleton, WI
Martha,
The answer to your question is Yes.
Most of us make more than one will during
our lifetimes; circumstances change, and our
estate planning needs to chan...
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 Katie
Answered by Elizabeth Beagle
Insurance Agent in Burbank, CA
Insurance Agent in Burbank, CA
Some agents would state you need 12 to 14
percent of your annual earnings in life
insurance. I believe there are more practical
ways of determining the right amount of...
Q&A
Asked by Lynn
Reverse mortgages are a great tool, in certain
circumstances, and an expensive mistake in
others. Their interest rates and costs are
higher than typical mortgages, an...
Q&A
Asked by Jessica
Hi Jessica! Sounds like you have a great
family - what a gift! As I read your question,
I hear two concerns. One - I want to grow this
money as much as possible. Two -...
Q&A
Asked by Katie
Answered by Barry Bailey
Financial Adviser in Kingsport, TN
Financial Adviser in Kingsport, TN
Hi Katie,
Congratulations on saving enough
to begin investing! You are on the right
track.
You probably shouldn't transfer all
your savings. Keep some back as a...
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