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As we enter a new year this week, Bruce and Peg talk about how to set financial goals for 2019 that you can actually keep and accomplish in the next 12 months.

Questions Answered Include: 

  • We have a question about our mortgage. We have a little less than $30,000 to pay on it and we're getting a settlement from a car accident we were in and we're wondering if it's smart to just pay off the mortgage or what should we do?
  • I'm 71 years old, married and I don’t have Social Security, I have a civil service retirement system. I'm taking $40,000 out of my 401k and rolling it over into a Roth 401k to take advantage of the lower tax bracket. How and when do I pay tax on this both federal and state to avoid any penalties?

Full Episode

 

Featured Segment: Financial Resolutions

 

Featured Question

Bruce Helmer

Bruce Helmer

Co-Founder, Financial Advisor and Author, Speaker and Host of the "Your Money" Radio Show

Bruce Helmer, a founding member of Wealth Enhancement Group, has been the host of the “Your Money” Radio Show for more than 20 years. He is also featured weekly on the Twin Cities CBS affiliate WCCO, and has penned three financial advice publications.