Paula: Should he use post axe deductions over one or two years from his pay check to pay it down? Or should he stay on the current contract? joe: I'm not sure how that works, i don't understand it. But if he can use four 57 pretax money to buy back pension time and incur no penalties, by all means, that beats a post tax deduction. paula: If for some reason he goes into a different bracket because he's lumped summing the money out toward paying down this pension, then i think that that is, that’s a worse idea. Joe: Putting money in the market, or putting it inta
#358: Where is the balance between the risks and potential returns of actively and passively investing in index funds?Where do you place your savings after you max out your retirement and HSA accounts?
How do you finance building a rental unit when there’s already a home on the lot?
Is it more beneficial to buy back pension time with post tax deductions or a 457b plan? Or should I not buy back pension time at all?
In today’s episode, former financial planner Joe Saul-Sehy and I discuss the purpose and practice of mindful money.
Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.
Enjoy!
Subscribe to the show notes at https://affordanything.com/shownotes
Learn more about your ad choices. Visit podcastchoices.com/adchoices