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Tag: 401k

November 2, 2018By Paula Pant

#159: Ask Paula – I Have Three Kids and I’m Hoping for Financial Independence

Should a 36-year-old father of three invest primarily in Traditional or Roth retirement accounts? Should Rose, a grandmother of four, open a Vanguard account for each of her grandchildren?

Should Nancy, who lives overseas and is the sole breadwinner in her family, invest in a Traditional or Roth TSP?

Should Scott’s wife rollover her 403(b) from her former employer into an IRA?

Should Patrick, age 35, cancel his life insurance plan?

Former financial planner Joe Saul-Sehy and I answer these five questions in today’s episode.

Keep reading...

May 7, 2018By Paula Pant

#128: Ask Paula and Joe – Should I Choose a Roth vs. Traditional IRA and 401k for Early Retirement?

​

Antonia, 27, wants to retire in 15 years. She’s trying to figure out whether to contribute to pre-tax or after-tax retirement accounts.

Most financial advice for 20-somethings that she’s encountered says to contribute to after-tax (Roth) retirement accounts. These articles assume that a 27-year-old will continue earning money for the next 30+ years, presumably […]

Keep reading...

March 6, 2017By Paula Pant

#67: Ask Paula – How to Care for Aging Parents, Buy a Car, and Organize a Business

It’s the first Monday of the month, which means it’s time to answer questions from the Afford Anything community.

Our first question comes from a caller in a tough spot:

Her mother-in-law is 66 years old. She’s divorced, holds no retirement savings, and will only receive a tiny Social Security check. Her health is worsening, […]

Keep reading...

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Afford Anything

  • Start Here
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