In this episode of the Personal Finance Podcast, we are going to answer questions on this Money Q&A about she’s 64, broke, and wants to day trade - Here's What I'd Tell Her.

Today we are going to answer these questions:

Should my 67-year-old mom take a $100K lump sum pension or $720/month for life — and what should she do with her 401(k) and HSA?
How does tax loss harvesting actually work — and is it worth doing?
We found our dream home, but the seller won’t move out for months. How do we buy the house without becoming homeless in the process?
Why use a high-yield savings account for emergencies instead of a brokerage? And how do retirement rules actually work with Roth vs. Traditional contributions?
My 64-year-old mom is thinking about day trading to catch up for retirement. She’s been a single caregiver her whole life. What should someone in her position actually do to build financial security?
I’m 47, contribute 15% to my 401(k), and have no Roth savings. Should I cut my 401(k) down to the match and start maxing out a Roth IRA to create tax-free income in retirement?

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Dom's Excellent Quiz, Ikea or Cheese and The Tarrantula #352