Question I am a retired, 65 year old widow with a gross income of $53,200 from pensions and social security. I have appx $12,000 in savings and $115,740 in a 401K, my home, valued around $200,000, is paid off. My...
Question: We have 27 years left on a 30 year mortgage, should we pay it off or invest the money? Jeff Click below for answer...
Question: I don't know if this falls into the category of a "simple" question as described in your recent column "Get advice on finances year-round". Recently received inheritance - thinking paying off mortgage might be best way to "invest" the...
Question What are the tax ramifications on a 1 million dollar annuity which has accrued 250,000 dollars interest in the last 5 years, has no penalty clause( for withdrawal), and the proceeds will go to 5 heirs(children) in the form...
Question: I have $130,000 from four matured CD's. I'll be seventy one years old in a couple of months and prefer not to tie up my money in long-term investments. I have sufficent monthly income from both my deceased husband's...
Question: I don't consider myself in the "investor" class, though I do have an IRA and a CD. When I got divorced in the mid-90's, I got a fixed (can't go below 3%) annuity (QUADROPRO) or whatever it's called, with...
Question: Where is a good place to park $100,000 cash? William Click below for answer...
I've just read Pamela Yip's excellent article regarding teaching kids early about managing finances. Our children are older, all recent college graduates, and all have had at least some basic education in financial management. A friend recently recommended the book,...
Question: My husband and I are 63 years old. He lost his job due to a cutback last May and has had no success in getting another. I went back to work as a legal ass't and make about $45,000...
Question What low cost mutual funds do you recommend that I buy if I fear inflation will increase in the coming months/years?...
Question Have an upper 5 figure amount to invest and have a couple of options: 1) Add to a 2 year CD with 18 months to go at 3% compounded quarterly, OR 2) Add to an existing annuity. We think...
Question: WOW.. this is a great opportunity for me to ask a question I have been too embarrassed to ask a "live" person. Here it is: August 2000, I bought some U.S. Treasury "I" Bonds. Then, in August 2005, I...
Question: I have $12,000 I would like to invest . I could leave this money in the investment for at least seven years. What would be the best way for me to get a high interest rate?...
Have some CD's maturing and thinking about switching to munibonds. Insured, good yield, AAA rated. Any suggestions? Click below for answer...
It seems that there are lots of calculators and tools available to show how to accumulate funds for retirement. There seems to be shortage of books/articles/tools explaining options for using these funds in retirement. Even some of the programs that...
Question We are interested in knowing the pros/cons of investing in "Index Annuities'" Please respond. Thank you for your help....
Question(s): Some background info and two questions. In October 2007, I turned over my financial management along with those of my recently widowed mom who I had been overseeing to Fisher Investments. With the market at all-time highs and over...
Question: We have an IRA and are thinking about rolling it over. I have been thinking about just getting a CD. I have lost so much with it this pass year. Please give me some suggesting. Thanks, Mary N. Click...
Question I have $35K cash that is just in a mma in my IRA, from a closed out fund- How do I get info on gov't bond investment options - any other suggestions for cash - I am 73, have...
Question I have some Texas municipal bonds on which I do not have to pay state or federal income tax. Does this apply to municipal bonds from other states and what would be the acceptable rating to feel confident in...
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