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,
My dear friend of 96 (he just
had a birthday) has asked me this for many
years. He does so in preparation for
determining how much to allocate to hims...
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 toliver
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Toliver.
At 70 1/2 years old, a
traditional IRA has RMD's (Required Minimum
Distributions) that may be due.
What
reasoning did this person use when telling
you ...
Q&A
Asked by an anonymous user
Answered by Jim Sorenson
Mortgage Professional in Kirkland, WA
Mortgage Professional in Kirkland, WA
There is no simple answer to your question as
there are many factors that come into play. It
will come down to your own personal needs and
goals. A few things to think...
Q&A
Asked by c.desmond11
Answered by Larry Gilmore
Insurance Agent in Marysville, WA
Insurance Agent in Marysville, WA
The way to think of a traditional or Roth IRA
is like a shoebox. It's what you put inside
these boxes - that can be a fixed-rate
investment product or a variable-rate...
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.
Check with your specific
brokerage on their enforcement policies. Of
course, your attorney should also be consulted
for all legal matters.
As you k...
Q&A
Asked by an anonymous user
Answered by Bill DiBernardo
Mortgage Professional
Mortgage Professional
This is a personal choice. If it's a financial
decision check with your adviser, but if it's
a matter of lifestyle, then it's up to you.
Q&A
Asked by Peter
Answered by Barry Rabinowitz
Financial Adviser in Plantation, FL
Financial Adviser in Plantation, FL
RMDs refer to required minimum distributions
on tax-deferred retirement accounts. Under
current IRS rules, you must take distributions
when you are 70 1/2 years old, w...
Q&A
Asked by Jeff
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Jeff.
Thanks for your service. I am also a
Veteran and reside in the USA. I do travel
extensively.
Are you living comfortably
now?
What would change if you ret...
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...
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