#225: Lauren is 26 and earns $48,000 per year after taxes. She saves $12,000 annually in retirement accounts, and an additional $18,000 per year for a downpayment on a home. She wants to buy a home in the next five years. Where should she keep her savings in the meantime? Sawyer has a five-year financial independence plan. She owns two high-end condos in a NYC suburb. She lives in one unit and rents the other, but she’s bothered by the fact that she’s forgoing collecting rent on her home unit. Should she move? Katie’s husband is going to grad school and they want to pull money out of a Vanguard account to fund his tuition. Should they do this? Cassie is in the process of finalizing a divorce. She and her daughter will receive between $80,000 - $116,000. Should they use the funds to buy a home with a 20 percent down payment or pay off their $30,000 debt? Andy is curious: should you re-adjust the 4 percent withdrawal rule if your investment portfolio grows? Joe wants to become self-employed but is concerned about health insurance. What are some affordable options? Laura is ready to retire. She’s also engaged, and her fiance wants to keep working. Should they file taxes jointly or separately? Doug is interested in learning more about equity sharing programs. Are these safe investments? Tania wants to know: can you open and fund a Roth IRA if your only source of income is alimony? Brian took out a 401k loan to buy a car. He regrets his decision. Should he take out a personal loan to pay back the 401k loan? Former financial planner Joe Saul-Sehy and I answer these questions in today’s episode. Enjoy! For more information, visit the show notes at https://affordanything.com/episode225 Learn more about your ad choices. Visit podcastchoices.com/adchoices

#223: Elizabeth is curious to know: what does a good net worth breakdown look like? Is it appropriate to have a lot of your net worth tied up in real estate? Marie wants to start her own business, but she’s living paycheck-to-paycheck. Is incurring debt her only option to make this dream a reality? Bria wants to take a second mini-retirement and has a good chunk of money saved up. She wants to come back to the workforce with a cash cushion. What should she do with her money while traveling? Connor is facing a dilemma. Is he correct in not prioritizing 401k contributions given that his employer doesn’t offer a match, combined with his goal for financial independence? Is his strategy of using his savings for real estate investing better? Caroline is wondering: should she aggressively pay off her home and her rental properties, or use her excess savings to fund a brokerage account? Anonymous is relocating from Southern California to Florida. She wants to know if she should rent an apartment and buy a rental property, or buy a primary residence with the $150,000 she has saved. Today’s episode is full of exploring and weighing tradeoffs. For more information, visit the show notes at https://affordanything.com/episode223 Learn more about your ad choices. Visit podcastchoices.com/adchoices