7/19/22: The good news is that we've accumulated a ton of money. What I find confusing is how to strike the right balance between pre-paying taxes and managing the increased costs, including IRMAA, Social Security taxes and capital gains taxes.
7/19/22: In our mid 30s, I'm starting to wonder if we have too much money in our traditional 401(k)s? Is it time to start using the Roth option?
7/18/22: My mother is 93 years old and because her memory and ability to care for herself have noticeably declined this past year, we moved her into a memory care facility. How do we go about developing a financial strategy to support the recent change?
7/17/22: With a unique situation on my hands, I'm thinking about paying off the mortgage. Does it make sense?
7/16/22: When it comes to my money being insured, is it okay to have one large taxable account, or should I have a few smaller brokerage accounts?
7/15/22: We're married, in our early to mid 50s and planning to retire in two years. After a real estate sale, we should clear about $600k which will be our bridge account. Are there any holes in the plan?
7/14/22: With inflation at a 41 year high, and the Federal Reserve raising interest rates, many financial experts warn of an economic slow down. I joined CBS Mornings to discuss how to protect your finances during this uncertain time.
7/14/22: After paying off medical school loans, we're looking at a bunch of extra cash flow. What should we do with it?
7/13/22: My daughter is disabled and will most likely be financially and socially dependent on us for the rest of our lives. How should we be thinking about retirement?
7/12/22: Working as a school nurse during COVID has accelerated my anxiety to the point that all I think about is retiring. Can I do it?
7/12/22: We're in our late 30s and would love to know if we're on track to achieve our financial goals, including retirement and funding college for our child.
7/11/22: Given the possibility of layoffs with my current employer, I'm thinking that I'd like to retire in 2-4 years. Is this doable?
7/10/22: Should I be using a target date fund, or can I create my own sort of target date fund allocation using individual index funds?
7/9/22: After using our pre-tax 401(k) for years, we now have the Roth option. Should we switch things up?
7/8/22: With some extra money on hand due to an inheritance, I'm wondering what's the best way to put the money to work?
7/7/22: 41 years old and self-employed, what's the best way for me to save for retirement?
7/7/22: Thanks to a large inheritance, we want to make sure we're on the right track going forward.
7/6/22: I accepted an early retirement package, which I took as a lump sum, and now I need help with all the proceeds in my rollover IRA.
7/5/22: The summer travel season is officially upon us, and for the first time in a long time, it feels like millions of Americans will be hitting the roads and taking to the skies to enjoy their long awaited vacations. I know I'm Europe bound and Mark will be as well in August.
That's why we're re-running an interview we did (pre-Covid) with Seth Kugel, currently the Tripped Up columnist at the New York Times, and formerly the Frugal Traveler columnist for The Times.
So sit back, relax, and enjoy!
7/5/22: With $100,000 on the horizon thanks to a recent home sale, what should I do with the proceeds? Invest, keep in cash, something else?