Barbara Ginty

From the difference in the original value versus the value when the recipient receives it. So it will have grown in value. And so what Kay purchased versus what her nephew is going to receive, there is going to be a gain in the gift, right? From what she spent versus what he's going to receive. And that is where the taxation will come.

And whether the recipient's going to pay, which is what I would presume is the most likely scenario, but you would want to talk to a tax professional.

And whether the recipient's going to pay, which is what I would presume is the most likely scenario, but you would want to talk to a tax professional.

And whether the recipient's going to pay, which is what I would presume is the most likely scenario, but you would want to talk to a tax professional.

Okay. Tell me a little bit about when you say step down. So step down meaning that you no longer are saving for retirement or step down meaning you're going to change and maybe reduce hours at work. What does step down mean to you?

Okay. Tell me a little bit about when you say step down. So step down meaning that you no longer are saving for retirement or step down meaning you're going to change and maybe reduce hours at work. What does step down mean to you?

Okay. Tell me a little bit about when you say step down. So step down meaning that you no longer are saving for retirement or step down meaning you're going to change and maybe reduce hours at work. What does step down mean to you?

The magic question, and I would say the number one question I get is how much do I need for retirement? And that is very specific to the individual in the household. And it really comes down to how much you need to maintain your current lifestyle, right? Because most people in retirement,

The magic question, and I would say the number one question I get is how much do I need for retirement? And that is very specific to the individual in the household. And it really comes down to how much you need to maintain your current lifestyle, right? Because most people in retirement,

The magic question, and I would say the number one question I get is how much do I need for retirement? And that is very specific to the individual in the household. And it really comes down to how much you need to maintain your current lifestyle, right? Because most people in retirement,

want to be able to at least maintain, maybe make a little bit more, a little bit less, but be around where they currently are if they're currently comfortable. And so you said you're stable. So are you currently comfortable on your income now? And that would be what you're targeting for your retirement?

want to be able to at least maintain, maybe make a little bit more, a little bit less, but be around where they currently are if they're currently comfortable. And so you said you're stable. So are you currently comfortable on your income now? And that would be what you're targeting for your retirement?

want to be able to at least maintain, maybe make a little bit more, a little bit less, but be around where they currently are if they're currently comfortable. And so you said you're stable. So are you currently comfortable on your income now? And that would be what you're targeting for your retirement?

Referring to your net income. So it's after those contributions. So you would be comfortable on less than what you're currently netting?

Referring to your net income. So it's after those contributions. So you would be comfortable on less than what you're currently netting?

Referring to your net income. So it's after those contributions. So you would be comfortable on less than what you're currently netting?

And is that before or after the mortgage payment goes away?

And is that before or after the mortgage payment goes away?

And is that before or after the mortgage payment goes away?

So if we took what you're netting now and then took out the mortgage payment, that would be about the right number that you would be comfortable on in your retirement.