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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
Manage episode 455258548 series 2476170
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.
1796 episoade
Manage episode 455258548 series 2476170
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.
1796 episoade
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