Aug 21, 2020
Financial planning gets more complicated as you move through life and questions will undoubtedly arise along the way. Today we’ll answer a few of the submissions from pre-retirees and retirees dealing with financial and estate planning issues and provide as much information as we can.
Read more and get additional financial resources here: https://johnsonbrunetti.com/?p=6029
On today's show:
0:21 – Mailbag Question 1: I’ve been very blessed and have more than I’ll probably need in my life. Should I start giving away money to my kids and grandkids now so they don’t have to worry as much about estate taxes and probate costs?
2:05 – Mailbag Question 2: I’m thinking about getting married to someone 12 years old than me. I’m worried about what happens if he’s retired and I’m still working. Will this be a problem financially?
4:29 – Mailbag Question 3: I’m in the middle of a divorce after 30 years of marriage. Would I be better off with half of his 401k or half of his pension?
6:11 – Mailbag Question 4: My husband and I argue almost everyday about money because we haven’t done a good job of planning and it’s stressing us out. Is this normal or do we need some serious help?
8:16 – Mailbag Question 5: I’m the executor of my deceased mother’s will and my sister is currently living in mom’s house. I don’t want to kick her out but I think I might need the money from the sale to fund my retirement. How do I figure out if I’m okay with what I have or if I need to kick my sister out?
9:57 – Mailbag Question 6: My dad just died six months ago and I’m a little worried about my mom, who is in her late 70s and is now in charge of handling the investments for the first time in her life. I don’t know much about it myself so what should I tell her to do?
11:45 – How can someone take advantage of the Money Map review process?