Robert
👤 PersonAppearances Over Time
Podcast Appearances
Dave, how are you? Hi, Ken. How are you? Good.
The purpose of my call, I'm... I'm calling, I want to know, I know what I want to achieve, I just don't know how to achieve it. If I can give you a real quick background, I'm 67, I'm divorced, I'm retired, I have an IRA, I'm totally debt free, I have an IRA with about $985,000 in it and I have a brokerage account with about $115,000 in it. And I have one son, my sole beneficiary.
The purpose of my call, I'm... I'm calling, I want to know, I know what I want to achieve, I just don't know how to achieve it. If I can give you a real quick background, I'm 67, I'm divorced, I'm retired, I have an IRA, I'm totally debt free, I have an IRA with about $985,000 in it and I have a brokerage account with about $115,000 in it. And I have one son, my sole beneficiary.
The purpose of my call, I'm... I'm calling, I want to know, I know what I want to achieve, I just don't know how to achieve it. If I can give you a real quick background, I'm 67, I'm divorced, I'm retired, I have an IRA, I'm totally debt free, I have an IRA with about $985,000 in it and I have a brokerage account with about $115,000 in it. And I have one son, my sole beneficiary.
And what I'm trying to achieve, like I said, I'm in good health. I think I have 20 years left in me, possibly more if God's willing. I want to know how I can, you know, move some money now where upon my death, my son isn't
And what I'm trying to achieve, like I said, I'm in good health. I think I have 20 years left in me, possibly more if God's willing. I want to know how I can, you know, move some money now where upon my death, my son isn't
And what I'm trying to achieve, like I said, I'm in good health. I think I have 20 years left in me, possibly more if God's willing. I want to know how I can, you know, move some money now where upon my death, my son isn't
Hi, Cynthia. Sorry. Thanks for having me. I'm kind of nervous.
Hi, Cynthia. Sorry. Thanks for having me. I'm kind of nervous.
Okay, I feel like I'm stuck. I am here in Florida, originally from Texas. I moved to Florida in 2013 to help my parents. They were aging, so I wanted to be closer to them. Subsequently, we got married. We bought a house in 2017. And then both of our houses, my parents' house and my house, got damaged by the Hurricane Michael in 2018. It took us three years.
Okay, I feel like I'm stuck. I am here in Florida, originally from Texas. I moved to Florida in 2013 to help my parents. They were aging, so I wanted to be closer to them. Subsequently, we got married. We bought a house in 2017. And then both of our houses, my parents' house and my house, got damaged by the Hurricane Michael in 2018. It took us three years.
to get both of the houses back together. And, um, you know, with the help of my husband, he was able to help us get it repaired, which was an ordeal that I never want to go through again. Um, my question is this, I don't want to live in Florida anymore, but my parents are elderly. My husband passed away, um, two years ago, so I don't have him to help me anymore. I'm a full-time caregiver to them.
to get both of the houses back together. And, um, you know, with the help of my husband, he was able to help us get it repaired, which was an ordeal that I never want to go through again. Um, my question is this, I don't want to live in Florida anymore, but my parents are elderly. My husband passed away, um, two years ago, so I don't have him to help me anymore. I'm a full-time caregiver to them.
I have a full-time job. Should I sell my house to kind of get that burden off of me? The responsibility of having two houses, caregiver, full-time job is a bit overwhelming. If I sell my house, I'm thinking of renting until I can convince them to go back to Texas or, you know, God forbid, until they pass away, which, you know, none of us know how long we have. But is it a good idea to at least
I have a full-time job. Should I sell my house to kind of get that burden off of me? The responsibility of having two houses, caregiver, full-time job is a bit overwhelming. If I sell my house, I'm thinking of renting until I can convince them to go back to Texas or, you know, God forbid, until they pass away, which, you know, none of us know how long we have. But is it a good idea to at least
get rid of my house, bank the money, put it in CDs and then just rent and not have to think about, well, if another hurricane comes, at least I won't be responsible for that house or two houses again.
get rid of my house, bank the money, put it in CDs and then just rent and not have to think about, well, if another hurricane comes, at least I won't be responsible for that house or two houses again.
That's my parents' house. They're living in that house.
That's my parents' house. They're living in that house.