The tax shelters and ages that are giving charlotte a lot of consternation. What she really needs is a calculator that shows all of these time frames, right? I don't know what her expected return on that air b and bis going to be. But i do know what financial market expected rates o return over ten to 15 years,. Historically, r though, right? So once i look at the air b and b number, and i've calculated that versus the money in a diversified collection of index funds, i think i make a much better decision about whether i whether i buy those or not. Can i say one more thing to no, absolutely no. I'm done
#352: Anna and her husband have volatile income, but Anna thinks that having 18 months of living expenses is unnecessary. She’s torn between paying off her student loans ($30,000) or investing the money. Mentally, she always figured she would pay off her debt first, but wouldn’t investing pay off in the long run?
Charlotte and her husband are taking a phased approach to financial independence, where they need to bridge two gaps before they each turn 59 ½. How can they calculate how much they need at each phase?
Elle has a retirement plan in place, but her company is adding a Roth 403(b) option soon. Should she stay the course or adjust her strategy in these last five years before retiring?
Sara wants to purchase land and build her dream house by refinancing her rental property and turning her current home into a second rental. How can she improve this plan?
Joe Saul-Sehy, my friend and former financial planner, joins me to tackle these questions on today’s episode.
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