Podcast Appearances
I grow $70,000 a year. Now, I want to put $200 a month per son into a money market, maybe, I don't know, to save for them to have a down payment on a house. With the way that house prices are increasing, I am scared they're going to not have enough capital to be able to buy as young as I was able to. And I don't think...
I grow $70,000 a year. Now, I want to put $200 a month per son into a money market, maybe, I don't know, to save for them to have a down payment on a house. With the way that house prices are increasing, I am scared they're going to not have enough capital to be able to buy as young as I was able to. And I don't think...
I grow $70,000 a year. Now, I want to put $200 a month per son into a money market, maybe, I don't know, to save for them to have a down payment on a house. With the way that house prices are increasing, I am scared they're going to not have enough capital to be able to buy as young as I was able to. And I don't think...
I don't know if the money market is a better router to put it in our Roth IRA and just pull out contributions when that time comes. I'm trying to avoid gift tax and all this other stuff for them to try to make it as streamlined as possible. And you guys can tell me what you think, because $400 a month is $83,000, some change after 18 years. So I'm a little conflicted as to what to do.
I don't know if the money market is a better router to put it in our Roth IRA and just pull out contributions when that time comes. I'm trying to avoid gift tax and all this other stuff for them to try to make it as streamlined as possible. And you guys can tell me what you think, because $400 a month is $83,000, some change after 18 years. So I'm a little conflicted as to what to do.
I don't know if the money market is a better router to put it in our Roth IRA and just pull out contributions when that time comes. I'm trying to avoid gift tax and all this other stuff for them to try to make it as streamlined as possible. And you guys can tell me what you think, because $400 a month is $83,000, some change after 18 years. So I'm a little conflicted as to what to do.
No. It's like they put on Barry White.
No. It's like they put on Barry White.
No. It's like they put on Barry White.
Yeah. I just come from a lot of like my parents just got divorced last year. I know. 28 years of marriage.
Yeah. I just come from a lot of like my parents just got divorced last year. I know. 28 years of marriage.
Yeah. I just come from a lot of like my parents just got divorced last year. I know. 28 years of marriage.
No, I opted to not do like a 529 or something like that. I suppose I could still do that and then roll it over into IRA if I got to that point down the road. Well, let me play this out for you.
No, I opted to not do like a 529 or something like that. I suppose I could still do that and then roll it over into IRA if I got to that point down the road. Well, let me play this out for you.
No, I opted to not do like a 529 or something like that. I suppose I could still do that and then roll it over into IRA if I got to that point down the road. Well, let me play this out for you.
No, no. I just I know this guy. I don't want to force him to go to college and stuff. You know what I mean? Like, there's no forcing.
No, no. I just I know this guy. I don't want to force him to go to college and stuff. You know what I mean? Like, there's no forcing.