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Roth IRA Conversions? Better Wait and See.

Prairie Eco-Thrifter

You do the math, but my calculator shows that is $400K a year. First, if I had managed to convert everything to a Roth, the grandkids would be swamped with hundreds of thousands of dollars a year. Lets say you accumulated a couple of million in your IRA and it is there at the time of your death.

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The Best And Worst States To Retire In 2023, Ranked

Savings Corner

Maybe you prefer golf over cross-country skiing, or you just want to be near your kids or grandkids. Saavedra recommends starting with a retirement calculator to see if you’re on track. If you’re not on track, calculate how much more you need to reach your goal and start putting together a plan. Geological Survey.

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Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Before retiring I often wondered about life after retirement – would we have enough money , would it change our marriage, would the kids and grandkids have different expectations, what if catastrophe struck and money became an issue, what would I do, would I miss the daily interaction with the people with whom I worked for many years?

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Ways for Busy Parents to Teach Young Children About Money

Prairie Eco-Thrifter

Have younger kids help you find the items, have older kids compare prices, or track them on a calculator as you go through the store. My grandkids were 6 and 3 and they really got into this! Introduce budgeting concepts by talking about how much you allocate for groceries. At the grocery store. Going to school (if you drive your kids).

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