cover of episode Ask HTM - First-Time Landlording, New Car w/ Severance Pay, & Roth 401k for Early Retirees #907

Ask HTM - First-Time Landlording, New Car w/ Severance Pay, & Roth 401k for Early Retirees #907

2024/11/18
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How to Money
AI Deep Dive AI Chapters Transcript
People
A
Amanda
D
Derek
J
Joel
M
Matt
无足够信息构建一句话概述
R
Rebecca
Topics
Rebecca 是一位新手妈妈，她想为孩子建立一个储蓄计划，既可以随时取用，又能获得最佳回报。Matt 和 Joel 建议她优先考虑自己的退休储蓄，并考虑 529 计划和高收益储蓄账户的组合。他们还讨论了 UTMA/UGMA 账户的利弊以及以孩子名义投资对大学经济援助的影响。Derek 是一位听众，他想知道如何在 59 岁半之前从 Roth 401(k) 账户中提取资金。Matt 和 Joel 解释了 Roth IRA 和 Roth 401(k) 之间的区别，并建议将 Roth 401(k) 资金转入 Roth IRA 以获得更大的灵活性并避免 RMD。他们还鼓励 Derek 思考提前退休的原因以及未来的职业规划。Amanda 是一位即将成为房东的听众，她询问在哪里可以找到好的租赁协议以及是否需要购买特殊保险。Matt 和 Joel 建议她使用专业的租赁协议模板，例如 BiggerPockets 或 Avail 提供的模板，并确保获得足够的保险，包括出租房屋保险和伞式保险。Jesse 是一位获得遣散费的听众，他正在考虑购买一辆二手日本迷你卡车或新 SUV。Matt 和 Joel 建议他在找到新工作之前选择便宜的二手车，并避免高利率的个人贷款。他们还指出，新车和二手车的价格差距很大，因此购买二手车通常更划算。

Deep Dive

Chapters
Rebecca from Ohio seeks advice on the best savings plans for her newborn, considering both long-term education funds and more immediate access options.
  • Ohio offers one of the best 529 plans with Vanguard funds and state tax deductions.
  • Liquidity and high returns are often mutually exclusive; consider the timeline for access.
  • Uniform Transfer to Minors Act (UTMA) or Uniform Gift to Minors Act (UGMA) accounts offer flexibility but come with potential drawbacks.

Shownotes Transcript

Let’s dive into the week with some fresh listener questions we have lined up for you! And don't just stand on the sidelines- if you have a question you’d like us to answer, toss your voice memo our way. It only takes about 90 seconds to record and you can find a step by step guide over at HowToMoney.com/ask) . Regardless of how random or bizarre you might think it is, we want to hear it!

 

1 - What’s the best no-restrictions account where I can save money for my baby for any purpose?

2 - How do I tap funds in my Roth 401k if I’m looking to retire early?

3 - Do I need a special type of insurance as a first-time landlord and where should I look for a good leas?

4 - I’d like to use my severance to buy a used car, but I’m considering a new car since it’s not that much more…

 

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