Senior Living

Recent Answers

2009-11-18 Retirement Planning - 401K withdrawal due to Seperation of Service:

Hi Tammy, Sorry about your husband's layoff. The rule you are speaking of states that an employee must be 55 or older in the year they "separate from service". Since technically he separated from service

2009-11-16 Retirement Planning - mortgage:

Paul thanks for your question. Hope I can provide some insight for you. Paul your last sentence says it all. You are in your mid 20's and there are some things that I can confidently tell you will

2009-11-13 Retirement Planning - Retirement planning with 3rd party sick pay:

Hi Tom, Since you have nothing that is considered "earned income" by the IRS, you are correct that you are not eligible for any type of IRA. Since your LTD would probably preclude you from working or

2009-11-13 Retirement Planning - Immediate Annuity:

Hi Tom, Thanks for the nice feedback! 1) Yes, the internal rate of return is not that great inside of an immediate annuity. While you are withdrawing 7%+, keep in mind that much of that is return

2009-11-11 Coping with Loneliness - lonliness:

hello to you,,, I am writing as I can relate...I don't know if I have an answer but I'll tell you what comes up for me. Perhaps it might be helpful to realize that your 'friends' saved you time