Retirement Planning: Toddler
Results 1-10 from 361 articles
Money for Retirement Account
Asked by O.L. from Los Angeles
on December 30, 2011
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Hi, just wondering what a reasonable amount of money is to put into one's retirement account? What type of account do you put it in?
Answers
- I agree with the answers below, especially about needing to personalize your own situation with regard to your current income level, your spending habits, your current...
- I think you need to talk to a trusted financial consultant so you can figure out how much is right for you to be investing. Everybody is different. As for us, we...
- Shannon's advice to check out Dave Ramsey's program is a great idea; Clark Howard also has several books on financial 'smarts'. Like many of the other moms mentioned:...
Non Working Parents and Retirement
Asked by M.L. from Houston
on March 28, 2012
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So, having recently finished the taxes... I know there are tax breaks and such on having certain retirement funds. The one my husband has doesn't work this way. But I ...
Answers
- Yes, you should be planning for your retirement. I would suggest meeting with a financial advisor to determine how much you need to be putting aside to prepare for you...
- Yes it is important for SAHM and dads to be contrubuting to retirement funds. What you put in depends on your financial status and what you can afford. There are t...
- Absolutely! We do it. My DH has a 401K at work AND we put into a Roth IRA for him (Not tax free now, but tax free when we draw on it) and a traditional IRA for me. We ...
Retirement Gift for Teacher
Asked by J.S. from Cleveland
on May 22, 2011
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My son's 2nd grade teacher is retiring after many, many years of teaching. My son's class will be her last (my daughter also had her 2 years ago).
The class wants ...
Answers
- This might be hard to put together on short notice -- but wouldn't it be wonderful to make a poster sized collage of photos of all the classes she taught that you can ...
- We gave one of the retiring teachers a rocking chair for her front porch. She loves her neighborhood and said she loved drinking coffee outside on the front steps.. It...
- What about a bird feeder with a supply of bird food. You can use that at a house, apt or condo and everything she sees it she will think of her classes and all the li...
College Planning
Asked by J.W. from Detroit
on January 29, 2011
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Ok - I know that this should have been taken care of years ago, but I get so overwelmed when I try to understand all of the differences between the savings plans out t...
Answers
- We set up a 529, but each state is different in their penalties for taking money out if it isn't for college. The good thing about most 529s is that you can get one f...
- I would highly recommend the MESP program. It is always highly rated with low fees, it has age adjusted programs, so you can just set it and your investments become m...
- why are you planing on paying for his college. My parents didn't pay for mine, and i don't plan on paying it for my kids. they have to learn responsibility. And the...
Planning the Rest of My Life
Asked by J.H. from Sacramento
on March 11, 2012
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How have you mamas planned your furture? Ok...Let me explain a bit further--I posted a question last week regarding happiness, which was prompted by my recently being...
Answers
- I would start by making a list of things you want to do and think about where you want to be in five years. Prioritize your list by what sounds the most appealing and ...
- First and foremost, take stock of your situation. So you got fired. It happens, sometimes to good and very skilled people. Do not get bogged down in any shame or guilt...
- This may sound like a lot of writing but it's really not. Putting things on paper relieves the burden from your brain. First make a list of what you believe your p...
Short Term Planning
Asked by A.C. from Cleveland
on April 27, 2008
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Hello, several times over the past year I have tried to discuss "short term goals" with my husband. Meaning 3-5 years out. We are in our early 40's and there are man...
Answers
- My husband also has no interest in discusses finances or our future. I've finally decided to just make plans that I think will work for us as a family. I know this m...
- I agree with most of the reponses so far. Go ahead & set your own goals. There is never a drawback when you have something positive to strive for! But I haven't r...
- It sounds as if your husband is happy the way things are and doesn't have any interest in self improvement.So after all the kids are in school full time you should go ...
Saving for Your Toddler's College Fund! 529, Gerber Life, Etc???
Asked by J.A. from St. Louis
on February 11, 2011
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Any suggestions on what you and your family are doing?
While my parent's paid for about 60% of my college career, they hardly saved at all and left both myself and...
Answers
- Hm, no savings for kids. We own properties (one paid off) and plan on buying more as years pass. Come college time, if kids don't get scholarships then we sell a prope...
- Missouri's MOST plan is one of the top five best plans in the US. Not sure why you would look anywhere else. Oh Lola, we thought the same thing about private sch...
- Honestly your financial planner is right. There are many ways to finance a college education. You can't borrow your own retirement. While "maxing out" your retirement ...
Moms over 40 with Children Under 5 Years
Asked by D.D. from Denver
on July 2, 2009
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Hi,
My family moved to Thornton/Westminster about 18 months ago from Southern California, and I'm still finding my way around. I am looking for other mothers who are...
Answers
- I'm also 43 (well, I will be in September). I have a 15 month old son. It is deffinatly different having children when you are in your 40's. Asher was a complete...
- Welcome to Colorado! I live in north Thornton. I'm a 49 year old single mother with a 5 (almost 6) year old daughter. I'd love to have a small group of older moms...
- Hi D., I live in Broomfield, am 41 years old (and a single mom), and have 2 girls ages 1 and 4. I'd love to meet you... I'm heading into surgery today and will b...
Need a Financial Planner And/or Lawyer
Asked by A.W. from Minneapolis
on March 23, 2007
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After having our first child a couple of years ago, my husband and I have struggled with the idea of needing to have a will - as well as get our finances in order (sav...
Answers
- My cousin's husband is a financial planner with Edward Jones. He works out of there Farmington office. His name is Jeff Myers.
- A., My husband and I have a college fund set up for both of our kids which is tax free money, we also just set up a will. We are using a CFP who I grew up with so ...
- I have worked with our financial planner for about 10 years now. Her name is Laura Basballe as she is with Focus Financial, an independent firm. Her # is ###-###-###...
Wanting Another Baby but No Daycare.....
Asked by S.O. from Seattle
on April 6, 2009
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Here is my dilemma, my mom is my daycare for my almost 2 year old daughter. My hubby and I are talking about having another baby but my mom had mentioned to me a while...
Answers
- If your parents are planning on traveling, then you should probably come up with another childcare plan regardless of whether you have another child or not. Your Mom m...
- Oh how well I understand your dilemna--- mostly as I'm in the ''other half'' of it--- that is- I'm retired, a very ''hands on '' grandma--- about to take on the regula...
- I'm with Peg! Hurray for peace and sanity. That said, there are a lot of options...but you'd have to explore them to see if they'd work for you and yours. - Does...
