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Type: Posts; User: PSUMAN99

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  1. Question: Risk factors

    by PSUMAN99
    Answers
    2
    Views
    1,261

    If you are diversified, the only type of risk you...

    If you are diversified, the only type of risk you need to worry about is systematic risk (risk that affects everything such as interest rate changes). However, I think the type of risk you are...
  2. Answers
    1
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    635

    Retirement may seem far away but you are really...

    Retirement may seem far away but you are really in a hole by starting to save for retirement at age 45. If your company has a 401(k) I recommend saving enough money in your company's plan to...
  3. Answers
    3
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    2,732

    I think you are only required to withdraw a set...

    I think you are only required to withdraw a set amount overall... I think it can be from any of your accounts.

    If you have a Roth IRA, you are not required to take withdrawals.
  4. Answers
    6
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    16,749

    Use the formulas within MS Excel. They have one...

    Use the formulas within MS Excel. They have one for irregular intervals (I think it is XIRR but not 100% sure)
  5. Answers
    1
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    1,233

    The main difference between the two is when the...

    The main difference between the two is when the money going into the account is taxed. A traditional 401(k) is tax-deferred meaning that you don't pay taxes right away. However, when you withdraw...
  6. Answers
    1
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    1,753

    If you use money from a 401(k) or traditional IRA...

    If you use money from a 401(k) or traditional IRA to purchase a home, you will be hit with an early withdrawal penalty PLUS have to pay taxes on it immediately. This usually isn't a smart choice. ...
  7. Question: Traditional IRA

    by PSUMAN99
    Answers
    2
    Views
    1,414

    You might want to be a little more specific with...

    You might want to be a little more specific with your question. However, probably the most important thing to look out for is the fees that will be charged to your account. You want to minimize...
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    2,291

    Landlord selling property in Pennsylvania

    Hello,

    I am renting a townhouse in Harrisburg Pennsylvania with my lease ending August 2007. My landlord has decided to sell the property. I want to know:

    1) If he sells the property, is the...
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