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EP85 – How to withdraw retirement funds; Couple with separate bank accounts; Is it ever a good idea to use 401K money to pay off debt?

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We have a great lineup of your social media questions and our thoughts! We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com

SOCIAL MEDIA QUESTION #1
RYAN – Retirement withdrawals.  Although I’m still a long way from retirement, I’m curious on the optimal way to withdraw money.  In which order 401k, Roth IRA, or Mutual Funds.

SOCIAL MEDIA QUESTION #2 
RAMIRO – You have suggested refinancing your home when you can save at least 1 percentage point in interest. Does the same apply for a car loan? I can likely save 5-10% by refinancing my current car loan. NOTE: my current rate is 16%, everything I see available now is in the range of 5-10%.

SOCIAL MEDIA QUESTION #3
IVAN – How can I get my wife to understand that an emergency fund is for emergencies and not for helping her buy stuff with coupons or keeping her bank account out of the red?

SOCIAL MEDIA QUESTION #4
MIKE – Is it ever a good idea to withdraw from 401k to pay off student loans?

SOCIAL MEDIA QUESTION #5
DANNY – Legalzoom wants $400 a month to do accounting for my business. They say I’ll get it back in deductions. They’re full of bs right?

SOCIAL MEDIA QUESTION #6
JORGE – What do you think about putting some money on Nikola (NKLA)?
RAJ – What is the chance of Disney coming back over 135 soon?

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