Early retirement? Yes please. This week, I answer questions from the audience around early retirement planning, health savings and debt pay-off. Question #1: How can I avoid early-withdrawal penalties? Our first caller is Christianna, who asks two questions: I’m interested in early retirement. How can I avoid early withdrawal penalties? How does early retirement impact the…
This week, former financial planner Joe Saul-Sehy and I answer 4 questions from the Afford Anything community. We chat about how to control lifestyle inflation, how to break up with a financial planner, how to invest your first $10,000, and whether or not sector-specific or theme-specific funds are a good idea. #1: Laura is transitioning…
Chris, age 30, makes $200,000 per year and saves 50 percent of his income. What accounts should he use in order to maximize his tax benefits? Dee, age 39, is getting tired of apartment living. She found a great neighborhood in which she’d like to own a home, and she’s saving for a 20 percent…
It’s mayhem in this week’s episode, as Joe Saul-Sehy, a former financial advisor and host of the Stacking Benjamins podcast, joins me to answer your questions. Normally, I host an “Ask Paula” episode on the first Monday of every month, in which I tackle questions from the Afford Anything community. You all kicked off the…
Podcast listener Eva is interested in opening a Vanguard account. She noticed that people need $50,000 to access their personal advisor services. It’ll take her several years before she can access this. What should she do in the meantime? Amy, another podcast listener, wants to invest $5,500 into her Roth IRA in 2017. Should she…
Mollie, a podcast listener, is making smart money moves. She’s getting the maximum match on 403b contributions. She’s saving for a downpayment on a home. Her husband opened a Roth IRA. What’s next? After listening to the Jim Collins episode, Mollie wants to open a Vanguard account. How can she balance this with other savings…
You ask. We answer. In this week’s episode, Jay and I tackle listener-submitted questions, such as: Investing: What’s the deal with robo-advisors? Should I invest with one? Betterment, Wealthfront … what’s the deal with these companies? Index funds vs. rental properties — what’s better for tax breaks?