If you missed NBC’s Today Show – Money 911 this morning make sure to watch the segment now! Today we answered questions on whether or not to take your Social Security, whether someone is paying too high of a fee for their investments, and where to find grants and scholarships if you are an active duty military spouse trying to go back to school.
After Money 911, I stuck around for a Live Web Chat on Today.com, where I answered your Retirement Questions – check out the archive HERE . Lots of great questions and answers you won’t want to miss this info!
If you missed me on NBC’s Today Show – Money 911 make sure to watch the segment above! We answered questions about how a divorce and a name change can affect your credit score, how to carry over your 401k from a previous employer, and if child support can affect your assets. It was a great segment so be sure to check it out!
I also had the chance to chat LIVE and answer your money questions on Today.com. Thank you to everyone that joined me, there were so many AMAZING questions today and I tried to type as fast as I could to answer as many as possible. If you missed the chat make sure to read the archive HERE to see if I answered a question that could help you.
Here’s just one of the MANY great questions from the chat today!
Guest asked: “Hi – I am contributing 15% to my 401K but my company only matches 50% up to 6%. Should I be doing something else with my 9%?”
I replied:“Dear Guest! You should leave it alone…you are brilliant and doing everything right. You will look back later in life and be sooooooooooooo GLAD you put 15% in your 401k plan. You friends will wonder how you go to retire ten years before them and it will be because you saved three times more than they did! Well done, stay the course.”
If you missed me on NBC’s Today Show – Money 911 make sure to watch the segment above! We answered questions about what to do if you’re marrying someone with a poor credit score, how to contribute to your 401k when your employer offers a match, and when it’s appropriate to use your spouse’s Social Security benefits.
Plus, I had the chance to stick around after Money 911 to do a Live Web Chat on Today.com. Thank you to everyone that joined me, there were so many AMAZING questions today. If you missed the chat make sure to read the archive HERE to see if I answered a question that could help you.
Here’s one of the questions from the Live Chat this morning. (Click HERE for the Full Q&A!)
“My husband and I are 30 and because we were in graduate school most of our 20s, we are just starting to save money. At what point in life does it make sense to get a financial planner? How much should a financial planner cost?”
“I think the sooner you get a financial planner the better. With that said, you should read up on investing before your hire one so you know what questions to ask and you are prepared better to screen a good advisor from a bad advisor. Read Smart Couples Finish Rich, before you hire a financial advisor. In this book I also layout how to hire and how to pay a financial advisor. The cost to do a basic financial plan is around $500 to $5,000 depending on how detailed it is. Then there are costs to work with the financial advisor. Most advisors today charge a flat fee on assets of around 1%. You can also hire financial advisors by the hour. Hope that helps you get started! Lastly before you hire a financial advisor check out their background online by visiting the NASD website and make sure there are not any complaints or legal issues with the advisor.”
If you missed me on NBC’s Today Show – Money 911 make sure to watch the segment above! We answered questions about what to do with store credit cards, how to juggle school loans and medical bills, and much more.
Plus, I had the chance to stick around after Money 911 to do a Live Web Chat on Today.com where 17,000 people joined me! I answered tons of AMAZING questions that I really think could help you. I answered questions from how I feel about the Market in 2012 to how to protect your family with life insurance. So, if you missed it, don’t worry you can read the whole thing HERE. Also, make sure to watch the behind the scenes video I did below!
Click HERE to get access to the Live Chat from Today.com!
Hope you were all able to tune in to NBC’s TODAY Show Money 911 and watch me answer America’s Money Questions, if not watch the video above. Afterwards, I did a live chat where I answered MORE of your questions! If you missed the CHAT make sure to CLICK HERE and check it out! Hopefully, my answers can help you!