Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: student loan repayments resume, debt defaults, the rise of 84 month car notes, VIP investments, tapping money in a turbulent market, strategic Roth conversions, regretful retirees, working less for FIRE sustainability, mini-retirements, timeshares, copycat hotel sites, and getting a REAL ID.
Additional Links:
- Money Gears – Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
- Cheap Cell Plans – Massively reduce your cell phone bill each month by switching to a discount provider like US Mobile.
- Newsletter – Sign up for the weekly HTM newsletter. It’s fun, free, & practical
- Credit Card Tool – Looking for the right credit card for you? Then check out our new credit card tool that’ll help you to easily filter through all the cards based on your preferred airline, whether or not they have an annual fee, or simply by the cash back offer! Just toggle the sliders and you’ll know which card to consider.
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Best friends out!
My wife and I are in our mid to late 70’s. Our financial advisor wants us to move money from stocks to fixed indexed annuity. It’d be $150,000 for 10 years. We’re concerned tat it’s too much money for tied up for too long and the company we would be dealing with has terrible customer reviews. Any advise?