In this episode of the Personal Finance Podcast, we are going to do a Money Q&A about my retirement plan charges 1.38%. Is it robbing me of my future?

Watch this episode on ⁠⁠Youtube⁠

Today we are going to answer these questions!

Question 1: What should my next steps be after paying off a personal loan—emergency fund, car savings, or student loans?

Question 2: What’s the best investment or savings account to open for my 5-year-old to start learning about money?

Question 3: Is it worth contributing to a Roth 457(b) with a 1.385% fee, or should I focus on low-cost accounts?

Question 4: I’m in the military maxing out TSP and Roth IRA—what else can I do to retire early? And how can my parents retire with $150K at age 55?

Question 5: I’m new to investing with $30K in cash—should I just dump it into an index fund, or do something more?

Question 6: We’re 48 and 49, saving aggressively with no debt—how do we ensure we hit our $1.5M retirement goal by age 55?

Question 7: We rolled over $35K into an IRA, have $125K in a 401(k), and big home equity—how do we build wealth and retire early in California?

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Links Mentioned in This Episode:

How to Pay No Taxes in Early Retirement, Debunking the Mortgage Fee Fiasco, and More! With Katie Gatti (From Money With Katie!)
10 Powerful Portfolio Strategies (And Which One is Right for You!) - Part 1
10 Powerful Portfolio Strategies (And Which One is Right for You!) - Part 2
The 1-3-6 Method For Building & Managing Your Emergency Fund

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Emergent 23: Emerging Stronger: Taking Bold Action – Hayley Curcio