Mon, 4 April 2016
Today I discuss first quarter results, old retirement rules of thumb and the proper way to tackle debt.
I start out today’s show with an update on S&P 500 performance and junk bond results before chewing out the mortgage industry and other financing professionals for sending documents via email with social security numbers. I then provide several situations that demonstrate why you should throw out old rules of thumb for calculating how much you need to save for retirement. Also discussed today:
I also respond to an email from Jeff who has three years of safe money saved up with more than 5 years to retirement and I explain the backdoor Roth IRA contributions to Mary.
Email your money question to firstname.lastname@example.org , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)
Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.