We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com
QUESTION 1
45 y.o bachelor. Roth 401k through my employer, and a Roth IRA, and I’m fortunate to have a pension as well. With my 401 and my Roth IRA I’m at just over $300,000. I’m currently saving 9% before tax, and 6 after tax in my Roth 401k. As far as my stand alone Roth IRA I’m saving $ 200.00/month. With my pension I’m eligible to retire at 100% at 59. I had a preliminary plan of retiring at 60. However, I’m seeing too many financial experts saying that retiring at that age is a mistake. I’m so confused. Is retirement at 60 a crazy dream, is it even possible, or should I work till 65, 70. I feel like I’m doing the right thing…but this is so confusing.
QUESTION 2
What do you recommend for cell phone plans?.. I think cutting back on cell phone bill would be a great way to save money.
QUESTION 3
What you you guys recommend to do my ac unit is starting to give out its 17 years old just paid 1,200 to fix it I’m n bs2 should I finance a new one 12,000 or keep fixing my old unit when something brakes down?
QUESTION 4
I recently started to grind to get out of debt and actually have a savings (honestly I have never been in this kind of position….I’ve always just stayed afloat). The pandemic opened my eyes like everyone else so I’m kicking my butt and working the 2 jobs to get myself out and secure. I’m starting to lose energy and although still motivated, I feel myself slowing down. I would appreciate any kind of encouragement/advice on how you kept/are keeping the momentum during your grind.
QUESTION 5
Anybody know how to sell China and glassware? We are almost done with baby step 2.
QUESTION 6
How did you decide how much to save in your emergency fund within the 3-6 month parameters? I don’t have a volatile job, my goal is 6 months. I’m mostly curious how everyone came to the decision of how much was enough.
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