…the $1,000 anyway, I would like to contribute this to a Roth IRA account, but we’re avoiding income limits for the Roth IRA. Plus, doing a backdoor Roth IRA restricts…
Search results for: real estate income
#350: Ask Paula: How Much Should We Spend on a Wedding?
…more? Is the stock market too risky for such a short time horizon? Anonymous and her future husband are wondering: what’s a realistic amount to spend on a wedding? My…
#348: Ask Paula: How Should We Invest to Retire By Our Mid-40’s?
…future episode. Julia asks (at 2:27 minutes): My husband and I are both 27. We have a combined income of around $200,000 and we save aggressively. We both max out…
#154: You’ll Need at Least $10 Million to Retire Early, says Suze Orman
…withdrawal rate, a portfolio of $2 million could create annual investment income of $80,000. Surely that’s enough, right? Riiiight? Nope. Suze says that’s not enough. “I think that in the…
#57: Philip Taylor – Top Five Financial Lessons PT Learned in the Past Decade
…saving half of your income, buying an investment property, or maxing out your retirement account. As Dave Ramsey says, “normal is broke. Be weird.” PT shared several tactical tips, including:…
#417: Ask Paula: Marriage and Money – What Are the Right Conversations?
Our first anonymous caller is getting married. What are the financial considerations the couple should be thinking through since there is a large income gap between them? Our second anonymous…
#34: How I Built a Six-Figure Online Store — with Steve Chou from My Wife Quit Her Job
…earned six figures, and their family needed that income. She opened an online store, buying handkerchiefs wholesale from China and retailing these online at a significant markup. She and Steve…
#440: Ask Paula: Am I Saving Enough For Retirement?
…_______ Here are the details: Barbara asks (at 01:06 minutes): (Follow-up response from Episode 422: “We’re Saving 72 Percent of Our Income and It Sucks”) Your thoughtful responses to my…
#446: Ask Paula: How to Build a New Career After Adversity
…for our next purchase. Our combined income is $200,000. We have $40,000 in cash and save $4,000 a month after my 401K contributions. We’d need $60,000 for our next down…
#451: Ask Paula: The Hidden Costs of Leverage
…but they’re cumbersome and time-consuming. Is there a better way to track his monthly expenses? An anonymous caller feels stretched thin with a high mortgage on a single income. Should…