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1761: Ask Farnoosh: Converting a 401(k) to a Roth IRA, Stretching Your Retirement Funds and Navigating Finances as a Couple

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Content provided by Farnoosh Torabi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Farnoosh Torabi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

In this episode of Ask Farnoosh, we tackle some of your most pressing money questions about retirement planning, investing, and managing finances in relationships. First, we dive into the pros and cons of converting a Traditional 401(k) to a Roth IRA, discussing how to weigh current tax impacts against long-term growth benefits. Next, we explore strategies for helping a loved one preserve and grow their retirement savings, including balancing accessibility and investment growth for someone relying on Social Security. Lastly, we address the complexities of merging finances as a couple—whether you’re cohabiting, buying a home, or just starting to have those “big” money talks.


References:


Article: What My College Friendships Taught Me About Socioeconomic Status

Article: The Perimenopause Gold Rush

Join the So Money Members Club.

Download Farnoosh's free investing blueprint.

Hang out with Farnoosh on Instagram.

  continue reading

1796 episoade

Artwork
iconDistribuie
 
Manage episode 455258548 series 2476170
Content provided by Farnoosh Torabi. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Farnoosh Torabi or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

In this episode of Ask Farnoosh, we tackle some of your most pressing money questions about retirement planning, investing, and managing finances in relationships. First, we dive into the pros and cons of converting a Traditional 401(k) to a Roth IRA, discussing how to weigh current tax impacts against long-term growth benefits. Next, we explore strategies for helping a loved one preserve and grow their retirement savings, including balancing accessibility and investment growth for someone relying on Social Security. Lastly, we address the complexities of merging finances as a couple—whether you’re cohabiting, buying a home, or just starting to have those “big” money talks.


References:


Article: What My College Friendships Taught Me About Socioeconomic Status

Article: The Perimenopause Gold Rush

Join the So Money Members Club.

Download Farnoosh's free investing blueprint.

Hang out with Farnoosh on Instagram.

  continue reading

1796 episoade

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