Jordan is 20 years old, married, with a baby on the way, earning $70,000 a year. He got a larger-than-expected tax return and wanted to know whether buying a motorcycle before a house was…
Tyler called into The Clark Howard Podcast after someone told him that overfunded whole life insurance was a “no-brainer” for building generational wealth. Howard’s response: The cart is before the horse, and the math…
Buying a house is a complex process full of important decisions, one of the most significant being your mortgage. Choosing the right mortgage term can have a major impact on your finances in the…
A stepmom named Leslie called The Ramsey Show with a question that sounds like a $1,200 decision but is really about something much harder: how much space should a difficult ex-spouse get inside your…
Americans are driving more miles than ever before, yet pulling up to the pump and spending less on gas than they did five years ago. That counterintuitive reality deserves a close look, because understanding…
A 73-year-old with $1.5 million in a traditional 401(k) faces a forced withdrawal of roughly $56,600 this year. The IRS Uniform Lifetime Table assigns a distribution period of 26.5 at age 73, meaning the…
A cardiologist who retires at 60 with $2 million in a traditional 401(k) and delays Social Security until 67 has something most investors do not: a multi-year window of artificially low taxable income. When…
Collecting Social Security doesn’t necessarily mean that you’re ready to give up working forever. Many people retire and claim benefits with the plan to still work at least part of the time. This desire…
It sounds nearly impossible on paper: a couple with a $250,000 annual income somehow is still running a $5,000 monthly deficit. Tracy called into The Ramsey Show recently looking for help. Someone embezzled roughly…
Cynthia from Missouri asked a question that probably crosses the mind of every investor who has ever looked at their fund’s expense ratio and winced. She told Wes Moss on a recent episode of…
An $85,000 annual income sits right at the edge of what a $1.25 million portfolio can realistically deliver, but only if you’re willing to accept the tradeoffs that come with a 6.8% blended yield.…
A first-time homeowner called into The Ramsey Show on April 6 with a gut feeling he had made a mistake. He had just refinanced his home the same day he called, swapping a 15-year…
Most executives who participate in non-qualified deferred compensation plans spend more time thinking about how much to defer than about the rules governing when they can get it back. That is a costly oversight.…
At 54 with $1.8 million saved, you are in a strong position. The gap between “strong” and “finished” is exactly what makes this disagreement worth taking seriously. Your wife wants to open a 529…
You have $2.2 million saved, your bills are covered, and you show up at a retail store twice a week because you genuinely enjoy it. Your younger colleague just had her hours cut, and…
