by Money Guy | Aug 5, 2023 | Ask the Money Guy, Blogs, Financial Planning
If you’re saving for a second house with a timeline of seven to ten years, a balanced approach of investing part of the money in low-cost index funds and keeping the rest in a high-yield savings account may be a suitable strategy to achieve your goal. However,...
by Money Guy | Aug 3, 2023 | Ask the Money Guy, Blogs, Financial Planning
The concept of being “rich” has evolved due to inflation and changes in retirement plans and Social Security, with $2.2 million now considered the new norm for being wealthy. In this highlight, we discuss how much you really need to be “rich.”...
by Money Guy | Jul 28, 2023 | Ask the Money Guy, Blogs, Financial Planning
In this highlight, Brian and Bo discuss the often overlooked “after-tax” option for 401k contributions, highlighting its potential as an apex predator for hyper accumulation and mega backdoor Roth conversions. Want to know what to do with your next dollar?...
by Money Guy | Jul 17, 2023 | Ask the Money Guy, Blogs, Financial Planning
Uncover the hidden treasure of high-yield savings accounts and unlock a world of financial opportunity. Delve into the staggering disparity between traditional savings accounts and their high-yield counterparts, igniting your curiosity to seize the chance for...
by Money Guy | Jul 12, 2023 | Ask the Money Guy, Blogs, Financial Planning
In this highlight, Brian and Bo talk about the pros and cons of using a Roth IRA as a bridge account, and whether or not you should use it as one. Want to know what to do with your next dollar? You need this free download: the Financial Order of Operations. It’s our...
