by John | Mar 9, 2018 | Debt, Financial Education & Coaching, Investing, Personal Finance, Q and A |
Q. I have $850,000 in retirement savings and a remaining mortgage of $380,000. Should I stop contributing to my retirement accounts and pay down my mortgage instead? I’m not sure if I should save or pay off debt. I am 48 years old and have about...
by John | Mar 6, 2018 | Financial Education & Coaching, Investing, Personal Finance, Q and A |
Q. What is the best way to invest the money I am saving for a down payment that involves some risk so I am earning some returns? My goal is to save $30,000 to $50,000 for a down payment, depending on how long it takes me to find the right house. I’d like to...
by John | Mar 1, 2018 | Financial Education & Coaching, Investing, Personal Finance, Q and A |
Q. Can I retire at 60 years old? I’m 59.5 years old. I have $300K in a traditional IRA and $1.2 million in 401k’s and would like to retire. My wife does not work. Also, I have pre-existing conditions and will need to secure health care until I reach 65. My wife...
by John | Feb 27, 2018 | Financial Education & Coaching, Personal Finance, Q and A |
Q. Does it make sense to withdraw from my 401(k) and put it in my Roth IRA account if I will remain in the same tax bracket even after the distribution? I will be 59.5 years old in 2018. Does it make sense to withdraw $10,000 from my 401(k) and put it in my Roth IRA...
by John | Feb 22, 2018 | Financial Education & Coaching, Personal Finance, Q and A |
Q. Can I use an HSA reimbursement from the current year for outstanding bills from the previous year’s expenses? I had medical bills from last year that I could not cover with the funds in my HSA account. Can I use an HSA reimbursement from contributions I made...
