Tag Archives: retirement
- Chances Are You WIll Live Long Enough to Be Broke
Photo Credit: Rosie O’Beirne I just read that the life expectancy for people in the United States and Canada continues to rise. Seems like a real blessing, doesn’t it. We get to live a longer life. But how are we going to afford medical care and to feed ourselves if life far exceeds our ability [...]
- More People Preparing to Eat Dog Food in Retirement
To make it through tough times more Americans have borrowed, stolen or raided their small retirement funds to make ends meet. Loans from retirement funds jumped 20 percent last year. This really can’t be a big surprise to many. Faced with difficult financial decisions people will tend to gravitate towards the oath that seems easiest [...]
- Planning to Buy Foreclosed Nevada Home for Retirement. – Danel
Husband is retiring next year. Plan to buy a foreclosed house in Nevada for retirement. My husband got meager amount of money saved at Tiaacref. He wanted to take out $80,000 from that retirement fund, give daughter $30,000 to buy her own house and use $50,000 to put down or buy a foreclosed house in [...]
- All Aboard The Fraud Express! $1 Billion Ticket To Ride!
There’s not many fraud stories that cross my desk now that make me drop my jaw. I mean, really, a scam is a scam is a scam. But this doozy, oh this one has me sitting here looking like the kid from the Home Alone movies: hands flat on the sides of my face, jaw [...]
- Chapter 7 – The Attributes of Internal Prosperity in Action
TABLE OF CONTENTS Chapter 1 – I Got Hit in the Head With a Baseball and I Saw it Coming Chapter 2 – What Your Money is Trying to Tell You Chapter 3 – Take a Lap on the Gerbil Wheel of Debt Chapter 4 – Why Money Doesn’t Make You Happy Chapter 5 – [...]
- Should I Draw On My Retirement Before or After I File Bankruptcy? – Ryan
“Dear Lewis, Recently divorced, left financially and emotionally wiped out, decided to resign and take a year off for travel and healing. Currently have 40K in unsecured debt and about 7K in savings. Was planning on drawing on my retirement (about 50k) of it, to finance the upcoming year. Question is, can I file for [...]
- I’m 69 And Lost My Job But I Want to Pay My Debts. – Chuck
Chuck wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Can the Creditors Force My Mother to Sell Her House? – Leigh Anne
My step-father recently died and my mother is living on disability and now only a small portion of his social security and retirement. He only has 41K left in retirement. The company he worked for went bankrupt. She has no other income. They have a house payment which she can still make. She can afford [...]
- Should We Cash Out the 401k to Pay Off the Mortgage? – Lorriell
Lorriell wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Marriage and Money: How to Talk to Your New Spouse About Finances
So you’re engaged. Or thinking about it. If you’re really serious about spending the rest of your life with another person, it’s time to get some of the tougher issues out in the open. Somewhere near the top of your list should be MONEY. Conflicts about money issues can stop a relationship before it has [...]
- Maria Writes In “How About Staying In The Stock Market?”
Maria wrote to me through the GetOutOfDebt.org site and asked me the question below. If you have a question you’d like to ask just visit GetOutOfDebt.org. “Dear Steve, This is not a debt question – it’s about staying in the stock market with all the current turmoil? Will you still answer it? Maria” Maria, So [...]
- My Husband and I Are Just Barely Making the Minimum Payments. – Janet
Janet wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I Was Wondering if it Would Make Sense to Liquidate Part of our IRA and Pay Off the Mortgage? – Ken
Ken wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- How Can We Pay Off Our Debt and Put Kids Through College and Save for Retirement? – Bill
“Dear Steve, I have just turned 50 and my wife will be 49 in two months. We currently have roughly $177,000 in unsecured debt, mortgage for $183.000 on our home, a Home Equity Line of Credit for $50,000 and a loan of $64,000 against some acreage. We also have two car payments that total $575 [...]
- I’m Retired and Do What I Want at 49.
Ann wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]