3/14/24: If I don't have cash to pay the taxes on a Roth conversion, is it wise to use money in a brokerage account to pay the tax bill?
3/14/24: Should I take rental profits from farm income now, or wait about ten years for it to grow even more?
3/13/24: My husband keeps saying we're fine and we don't need to worry, but I feel like we don't have enough of a long-term plan. Who's right?
3/12/24: My parents have a tax deferred annuity that is coming due in April. They're attracted to the product as they are deferring taxes. How should they proceed?
3/12/24: My rent is currently $1,800 a month and I am able to save $3,000 each month. Should I keep renting or look to buy?
3/11/24: Should I reduce my 401(k) contributions to the match and redirect the difference to my brokerage account? I'm worried I will have to take massive RMDs down the road.
3/8/24: The Federal Trade Commission reveals that con artists swindled consumers out of $10 billion in 2023, with over $126 million lost to Social Security scams alone. Plus, the Biden administration has introduced a rule capping credit card late fees at a maximum of $8, a sharp decrease from the current $32 average. I joined CBS Mornings to discuss both.
3/7/24: How many funds is too many for a brokerage account? I currently have 29 ETFs.
3/7/24: I keep hearing about retirement milestones and I'm spooked because I don't see myself reaching any of them.
3/6/24: Should I reduce my 401(k) contributions to the match and redirect the difference to my brokerage account? I'm worried I will have to take massive RMDs down the road.
3/5/24: Are we saving (or have saved) too much for retirement or are things we should be doing now to prioritize short-term needs over retirement?
3/5/24: We're recently retired and trying to figure out if we have enough saved to make it work.
3/4/24: I have worked for the federal government for the last 15 years and qualify for a pension that increases over time, but my dream would be to have a lot more flexibility. Should I ditch the job and settle for a decreased pension?
3/3/24: With two kids getting closer and closer to college, what's the best way for us to cover the cost?
3/2/24: As we approach our 50s, are we on track to achieve financial independence in six years?
3/1/24: When I first started working and could contribute to a 401(k) via my employer, I was all in on pre-tax. Years later I learned that it was better to shift to Roth. Should I now make all my contributions Roth?
2/29/24: I joined CBS Mornings with advice for couples striving for financial harmony, such as discovering the key conversations for alignment on money matters, the pros and cons of joint versus separate accounts, and how to turn those discussions into a solid financial plan.
2/29/24: Between my mother and myself we must have dozens of funds within our various accounts. How can we streamline things?