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Q&A Replay 2.14.2024: Term vs Whole Life, 529 Plans & Should My Parents Have an Advisor

Q&A Replay 2.14.2024: Term vs Whole Life, 529 Plans & Should My Parents Have an Advisor

FromFinance Explained by Family Finance Mom


Q&A Replay 2.14.2024: Term vs Whole Life, 529 Plans & Should My Parents Have an Advisor

FromFinance Explained by Family Finance Mom

ratings:
Length:
34 minutes
Released:
Feb 15, 2024
Format:
Podcast episode

Description

At the request of Family Finance Mom followers, I am now posting LIVE Q&A replays as podcast episodes! To submit your question, be sure to follow me ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@FamilyFinanceMom on Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Look for the question box in my stories ahead of LIVE Q&A every Wednesday at 9AM ET.

For full show notes, visit https://familyfinancemom.com/term-vs-whole-life-insurance/

Today’s topics included:? Insurance: do I need disability insurance? What about term life insurance if I have kids?? My parents have a sizeable portfolio. Is a management fee worth it or continue to manage themselves?? Is investing in a CFP certification worth it if I want to be in personal finance field as a career?? I feel lost in 529 plans. Live in Texas, so no state income tax deduction. Is growth tax free?? My mom says I should contribute more to my 401k now than a Roth because my income is more now than it will be in retirement. Is her thinking right?
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Released:
Feb 15, 2024
Format:
Podcast episode

Titles in the series (76)

Finance Explained brings you the financial and economic news you need each week, along with an explanation of what it all means in a way everyone can understand, and more importantly, why it matters to YOU! Why did the market sell-off this week? Why is everyone suddenly worried about inflation? Why are interest rates rising or falling... and what you need to know about how it could impact your family’s finances. Welcome to Finance Explained… helping women everywhere build financial literacy and make better decisions for themselves, their families and their futures.