Retirement Articles and Videos - Page 5

Real Estate Minute with Ilyce Glink Are Women Insecure About Money? Original Air Date: September 12, 2006

The Federal Trade Commission had a big week. They slapped a $1 million fine on Xanga.com, for allowing kids under the age of 13 to put up a page. That's a big-time violation of the Children's Online Privacy Protection Rule. You can read more here www.ftc.gov/opa/2006/09/xanga.htm.

Want to protect…

When you buy property with a friend you need to figure out who is going to pay for what. Buying a vacation home or a second home includes mortgage payments, utility payments and home repair costs. After you've determined the vacation home responsibilities it's a good idea to draft a partnership…

Are you investing in real estate through a self-directed IRA? Or, are you a company that helps people use their retirement funds for investment properties?

If so, I want to talk to you. Please email me at Ilyce@thinkglink.com. Thanks.

Sept. 3, 2006

Real Estate Minute with Ilyce Glink Investing Advice for Your Retirement Accounts Original Air Date: August 21, 2006

Real Estate Minute with Ilyce Glink The New 401(k) Rules Original Air Date: August 9, 2006

Real Estate Minute with Ilyce Glink A Third of Seniors Are Still Paying off a Mortgage Original Air Date: August 7, 2006

Carol called the show today to ask my advice about cash from a 401(k) that she would be receiving in her divorce settlement. As the conversation progressed, I learned that Carol has Stage 4 cancer (they're trying to figure out if it has gone to her lungs yet), and a 12-year old disabled daughter…

Is it best to pay off a mortgage or invest the money for retirement? How should you invest a large amount of money to get the most value from the cash? To make the best decision for your personal finances, you need to plan how to use the money. Spend some time figuring out how much cash you'll have…

We had a great show today. Here are the retirement calculator links I talked about:

www.analyzenow.com Click on "free programs." http://cgi.money.cnn.com/tools/ Money magazine's website. Click on the retirement planning calculators for guidance.

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Alyce is self-employed earning $150,000 to $300,000 per year. She has no retirement plans, but is selling property and after taxes are paid will net $600,000. I advised her that she needed to talk to a financial advisor who can help her set up a self-employed 401(k) (where she can put away up to…

When you're getting close to retirement you may decide to downsize to a smaller home. What's the best mortgage loan to get for your new home? How much money you put down and the amount of mortgage loan that you get depends in part on the interest rates at the time. In addition, it's a good idea to…

Investing your money into a 401(k) is a great first step. But you also have to decide an investment strategy and know what your money is going into. Then you should monitor your investments and rebalance them as needed.

There are several places to go to find a qualified financial advisor to help you decide on retirement investments and estate planning. Flat fee financial advisors who can assist you on decisions dealing with retirement investments and estate planning is through the Garret Planning Network. The…

If you have the extra money, is it better to invest it or pay off your mortgage? The decision depends on where the money will go if you want to invest it.

As the spring blossoms are pushing up, so are new scams emerging. There's a new scam that's operating in some parts of the country involving teeth whiteners. But instead of getting their teeth whitened, folks are getting their bank accounts cleaned out. I'll have more on this scam and a few others…

A retiree is considering buying bonds for income. He is thinking about municipal bonds to avoid paying taxes on the interest earned. With interest rates on the rise, are bonds still a good investment?

When you lose your job or get laid off you may have retirement money in a company account. When you no longer work for that company you likely have to move your money from a company IRA or 401(k) plan to another retirement vehicle such as a traditional IRA. How can you find the right rollover IRA to…

On Ilyce's first anniversary show, she makes it a priority to help people become aware about identity theft. Protect yourself by getting your social security number off of your medical records and Medicare card. Ilyce also takes questions from retired folks regarding how to best save money, avoid…

I had lunch today with Kay Kamin, the Financial Editor for Today's Chicago Woman (an excellent monthly tabloid newspaper - www.tcwmag.com). She is also an attorney, with a PhD. in Education. And, she's a Certified Financial Planner (CFP) - one of my favorite financial planning designations.

We spent…

A new survey from Financial Freedom, the nation's largest reverse mortgage lender, takes a look at the financial, social, and quality of life attitudes of older Americans.

So, how are they paying for their health care? When it comes to sudden illness, the survey finds that 51 percent of seniors age…

Ilyce begins the show talking about her recent experience on a regional jet and the airline industry in general. Ilyce then takes calls on topics from dealing with tax issues on buying and selling land to funding multiple retirement accounts.

Ilyce starts her radio show talking about very long-term mortgages. Ilyce then takes calls on real estate, personal finance and consumer issues topics -- from paying for home remodeling to using retirement money to pay off a mortgage.

Paying off your home early will have you sitting pretty to save for retirement. If you are in the position to live house-payment free (except for your property tax bill each year), that will give you a lot of extra cash to put away for your retirement. Continuing to invest in real estate can also…

Baby Boomers, those Americans born between 1946 and 1964, are hitting their prime second home-buying years. A recent study from the National Association of Realtors confirms that the most popular ages to buy second homes are from ages 55 to 65, followed by 45 to 55. Even if the second home market…