| Recent Answers |
 |
|
2008-10-11 Retirement Planning - IRA conversion after this massive stock market selloff: Hi Channon, I believe your thinking is very sound on this matter. The advantages of a Roth should far outweigh the tax deferral of traditional IRA's, especially at your age. I will now try to answer your...
|
2008-10-10 Retirement Planning - Retirement Plan: Dear Stacy, Most 401(k)s have no protection from stock market collapses. This is one of the reasons that I encourage my clients to only contribute what they have to in order to get the maximum participation...
|
2008-10-10 Retirement Planning - long term care: HI Kitty, I'm sorry to hear of your husbands condition. You most likely have nothing to worry about. Insurance companies are required to keep enough money on hand to pay claims. The problems at AIG are...
|
2008-10-07 Retirement Planning - SIPC: Bill, conventional wisdom is that money you need short term should be in bonds or cash. However, I have read several papers that say if you're willing to take market risk, you will statistically do better...
|
2008-10-06 Retirement Planning - Permanent Life vs. Roth IRA: Dear Michael, Both options are good for different reasons. But to declare one as best depends on the circumstances. I believe that everyone who is eligible should have a Roth IRA. This is because...
|