Live w/ Jim & Anna: Episode #15

Live w/ Jim & Anna: Episode #15

MainStreet Financial Planning
Live w/ Jim & Anna: Episode #15

1:07 – My high income earning husband died at the age of 57. I am 62 now, I want to retire. Should I apply for social security widow’s benefit, or should I take my own?

3:10 – Should we take out our home equity line of credit or just do a cash out refinance since we need $30,000 or so for an addition on the house?

6:47 – I have to make money out of my IRA and I’m past 59 and a half. Do I have to pay taxes on my withdrawal? My custodian says I have a choice to do withholding on these taxes or not to do it.

9:10 – Why bother with rebalancing if my portfolio is throwing off plenty of income as is? It’s just a risk management method, not a growth strategy. If I can stand the risk, does it make sense to let it ride?

13:15 – Is it best to have an emergency money fund account in a recipe with a greater amount percentage in stocks than bonds or vice versa?

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Anna Sergunina
Anna Sergunina

I'm Anna Sergunina, CFP®, President & CEO at MainStreet Financial Planning, Inc. My passion lies in serving others through financial planning, helping clients achieve their dreams like buying a home, saving for education, or retiring early. With over two decades in the industry and a CFP designation since 2009, I'm dedicated to excellence and continuous growth. Beyond work, I cherish moments with my son Liam, prioritize self-care, and engage in content creation for my Money Boss Parent Podcast and Money Library blog.

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