In this chapter, Melissa seeks guidance on using robo-advisors for her investment strategy, considering tax-loss harvesting as she approaches retirement. The discussion emphasizes the need for younger investors to adopt simpler investment tactics and highlights the importance of tailoring strategies to individual financial situations. It also explores the evolution of investment approaches as one's portfolio grows and the integration of aggressive and conservative strategies for optimizing returns.
#535: Melissa and her partner are preparing for the best earning years of their lives. Could they benefit from automated tax-loss harvesting and transition from DIY investing to a robo-advisor?
An anonymous caller just learned something surprising about their Roth 401k and feels squeamish about making future contributions to this account. What’s Paula and Joe’s advice?
Hampton is following up on a question from Episode 524 to spark an intriguing discussion on the generational tax advantages of a Roth IRA.
Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode535
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