The more money that you can put into any type of Roth account, the better. If your income is going to be a lot lower than usual, you want to be paying more in taxes, not less. Shovel as much as you can up to the max in your Roth IRA if you have to make it a backdoor Roth IRA,. But put as much asYou can into Roth accounts because your income this year, 2023 is likely to be lower than it will be in any foreseeable year in the future.
#435: Lee is 30 and facing a tech layoff. She can live for a year on her savings. She’s thinking about taking the rest of the year off. How should she prepare her investments?
Stacy wants to buy an Airbnb but she’s scared she’ll regret selling her company stock to do it.
An anonymous caller is tired of living paycheck-to-paycheck as a freelance artist. How can she stabilize an inconsistent income?
Danelle is a DIY investor. She can’t find a financial advisor who gives advice without insisting on managing her investments. Is she looking in the wrong places?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode435
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