There's no age 72 rule that parents will need to, ah, take that money back out of the rothira. They can leave it in there forever, if they don't end up spending it. A wroth is great for the first 14 thousand, that seven thousand each per parent,. Yet beyond that, i don't know that i get fancy. I mean, i do thi it's non qualified broker, jimmy. What are what are other opportunities? Once again, we can put it in the ugly type of annuity where you're going to pay fees through the nose for this diversified collection of investments and the ability to tax shelter.
#366: Micheal’s parents just sold their home to pay off debt and fund their retirement. How should he invest the profits?
Ryker would like to understand what it would take for cryptocurrency to be considered as a good investment option for a diversified portfolio.
Megan has qualified for her employer's 401k and needs help deciding between investing in a Roth 401K and a Roth IRA.
In today's episode, former financial planner Joe Saul-Sehy and I tackle these tough questions.
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!
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