The Financial Answer

Financial planning guidance from West Tennessee’s Nathan O’ Bryant.

Answering the Most Common IRA Questions

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Wondering what you should know about your IRA? What options do you have and what strategy could pay off in the future? Find out on today’s IRA FAQ episode!  

 

Read more and get additional financial resources here: https://wp.me/paIiUZ-fQ 

 

Today's show schedule: 

0:41 - Nathan shares a bit about his recent adventures in South Dakota.

4:17 - What kind of return can you expect on an IRA?

5:56 - Should you contribute to a traditional or Roth IRA?

8:10 - When should you consider doing the Roth conversion?

13:16 - How do you know which funds to choose in an IRA?

15:20 - What kind of penalty should you brace yourself for?

19:10 - Have you heard about the multiple employer plans?

Are You Following Outdated Financial Rules?

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When it comes to retirement, the rules that applied for your grandparents or parents aren’t necessarily the same for you. To find out which rules are outdated, we discuss some of the financial rules of thumb you may have heard in the past.

 

Read more and get additional financial resources here: https://wp.me/paIiUZ-fF 

 

Today's show schedule: 

2:50 - What financial rules are outdated?

3:22 - Is the 4 percent rule outdated? 

6:20 - What is the 10-5-3 rule?

7:45 - Should you move from stocks to bonds at a certain age?

9:13 - The million dollar rule to retire. 

13:48 - Do you need less in retirement than when you’re working?

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