Latest in I’m 67, married and have two mortgages worth $660,000. Should I use my 401(k) to pay them off
Sort by
5,273 items
-
I’m 67, married and have two mortgages worth $660,000. Should I use my 401(k) to pay them off?
“I want to have $6,000 a month in cash to live comfortably and travel upon retirement.”Business - MarketWatch - 9 hours ago -
‘It’s so unfair!’ I’m miserable in my job. I’m 58 and have $1 million in a 401(k) and Roth IRA. Can I afford to quit?
“Currently, I live comfortably on $5,000 a month, but I could probably live on $3,500 a month.”Business - MarketWatch - October 15 -
Should I pay off my mortgage in retirement? New book tackles big money questions
Retirement planning is filled with big questions. For some retirees, whether or not to pay off their mortgage is one of them.Business - CNBC - 5 days ago -
I’m 63, retired and getting $45,000 per year. But I only have about $200,000 in my IRA and still have a mortgage. What’s my move?
Have an issue with your financial adviser or considering a new one? Email questions or concerns to picks@marketwatch.com. We’ll have financial advisers weigh in.Business - MarketWatch - October 30 -
I’m 50 and have $250,000 in four retirement accounts. Should I consolidate them — and, if so, how?
“What is the best plan for the three accounts that are just sitting there?”Business - MarketWatch - October 18 -
‘I don’t trust my financial guy.’ I’m 67 and trying to live on $2.2K-a-month Social Security. I have $500K with an adviser, who charges 2%, but last year the return was 26%. What’s my move?
We spotted a lot of too-common red flags.Business - MarketWatch - October 31 -
‘I never dreamed I’d be in this position’: I’m 69 and have $10,000 in legal bills from my divorce. Should I borrow from my IRA?
“I do not have the funds for professional advice.”Business - MarketWatch - 2 days ago -
‘I have few close friends’: I’m 69, retired, single and have amassed $3.6 million. What should I do with my fortune?
“Many weeks I spend more on my three rescue kitties and one rescue mouse than I do on myself.”Business - MarketWatch - October 29 -
‘This election season has been tense’: I voted for Kamala Harris and my husband voted for Donald Trump. Should I tell him?
“We have a very respectful and, for the most part, happy and healthy marriage.”Business - MarketWatch - 2 days ago -
IRS ruling on 401(k) company matches could open doors to pay off debt
A new Internal Revenue Service ruling on 401(k) company matches could change the way employees apply the contributions made by their employers. CBS News senior business and technology correspondent ...Top stories - CBS News - October 14 -
Should I pay credit card debt that has been written off?
Paying off written-off debt may seem counterintuitive, but it can make sense in certain cases. Here's why.Top stories - CBS News - Yesterday -
‘I feel like I’m missing something’: I’m 68, divorced with two children. I’ve $750,000 and rent my home. Do I need a trust?
“I continue to reinvest the dividends and interest so my investments continue to grow.”Business - MarketWatch - October 24 -
‘I own my home’: I’m 74 with $300,000 in annuities and live modestly. What should I do with my retirement savings?
”I am not very savvy with the stock markets.”Business - MarketWatch - October 24 -
My husband lost his job and we can no longer pay the mortgage. We have zero savings. Will we lose our home?
“What do we tell the lender?”Business - MarketWatch - October 26 -
This Halloween, I’m not buying candy for trick or treaters. I have better things to spend my money on. Am I a bad person?
“Nor am I going to turn off the lights and pretend I’m not home.”Business - MarketWatch - October 31 -
‘I’m a mother in turmoil’: My daughter refuses to see me. She says I didn’t do anything wrong — or right. I have 5 kids. Do I cut her out of my will?
“Our family trust is a couple of decades old and needs revision.”Business - MarketWatch - 1 hour ago -
‘My partner and I have moved in together and I’m afraid I will have to do all the housework. How do I get him to help?’ | Leading questions
Look for ways to keep the equality of the honeymoon period going, says Eleanor Gordon Smith . And don’t assume he won’t do his share. Read more Leading questions My partner and I just moved ...World - The Guardian - October 17 -
‘I retired earlier than planned’: I’m 69 and will have $6,000 a month in retirement income. The bulk of my $3.6 million is equities. Is that OK?
“I don’t expect equities to do as well over the next decade as they have in the past, but I still think they will outperform other options.”Business - MarketWatch - October 24 -
‘Who do people like me turn to?’ I am 70 with absolutely no emergency or retirement savings. So now what?
Have an issue with your financial adviser or looking for a new one? Email questions or concerns to picks@marketwatch.com. We’ll have financial advisers weigh in.Business - MarketWatch - October 31 -
'I married the train driver who saved my life'
Charlotte Lay was then able to save her husband's life by helping him get a cancer diagnosis.Top stories - BBC News - October 26 -
'I could see my kneecap was not where it should be'
Cam Roigard suffered a knee injury that threatened to derail his Test career before it had properly started. But he is back - quicker and stronger than ever.Top stories - BBC News - October 30 -
I’m 77 and planning to retire with $700K. I love to travel and I’m moving cross country. Have I saved enough for retirement?
‘My Social Security is $3,100 per month. I do not own a home’Business - MarketWatch - October 26 -
‘I’m going to sue the living pants off them’: AI’s big legal showdown – and what it means for Dr Strange’s hair
AI has given us the pope in a puffer, but it is also predicted to wipe out 200,000 entertainment jobs. We report from a crucial event in Portugal, full of angry artists, digital miracles – and a ...World - The Guardian - 2 days ago -
Should I take out my pension tax-free lump sum?
Investment firms report a rush of clients looking to withdraw cash before the BudgetWorld - Financial Times - October 24 -
Should I wait until after the presidential election before investing $300,000 in stocks? I’m a 66-year-old retiree.
“I have most of my expenses covered.”Business - MarketWatch - 4 days ago -
Is it worse to have no climate solutions – or to have them but refuse to use them? | Rebecca Solnit
Tech barons are forever predicting some amazing new technology to fix the climate crisis. Yet fixes already exist. There are so many ways to fiddle while Rome burns, or as this season’s weather ...World - The Guardian - October 16