54 min listen
Ask Paula: Should I Househack or Pay Off My Student Loans?
FromAfford Anything
ratings:
Length:
71 minutes
Released:
Jan 25, 2021
Format:
Podcast episode
Description
#297: George is torn between paying down his student loan debt (which he deferred) or buying a househack. Which is better for his long-term goal of reaching financial independence? Mario is curious to know: is his two-fund portfolio at a 90/10 split is a good asset allocation for his Roth IRA? Hanan wants to figure out if a backdoor Roth IRA conversion will work for her. She also wants to investigate whether a Vanguard Institutional 500 Index Trust and a Vanguard Institutional Total Bond Market Index Trust are ideal. Are trusts different from index funds or mutual funds and if so, how? Vivian is worried about bridging the gap between when she retires and when she claims Social Security. Will her plan of doing a Roth conversion ladder work out the way she hopes? Lastly, June and her husband netted $400,000 from the sale of some golden parachute ISOs. They want to help their children pay for college and are trying to figure out how to strategically use this money. Should they pay off their home, buy rentals, fund 529s, or Roth their 401ks? My friend and former financial planner, Joe Saul-Sehy, joins me to answer these five questions. Enjoy! For more information, visit the show notes at https://affordanything.com/episode297
Released:
Jan 25, 2021
Format:
Podcast episode
Titles in the series (100)
Don’t Feel Guilty - Buy a Coke Zero and Pay Someone to Mow Your Lawn: #2: Once again, Paula and J. Money see things differently. J. Money preaches budgeting, Paula practices the “anti-budget”. J. Money examines every expense to find savings. A couple years ago he switched phone providers and saves $100 a month, $20... by Afford Anything