Timothy Sumer

The Roth IRA can be a viable emergency savings backup plan because of its flexibility. In fact, there are a lot of people who intentionally plan to use their Roth as an emergency fund or to save for house downpayment. The Roth has the most flexibility. Roth contributions can be withdrawn tax and penalty free at any time – and at any age – because you contribute after-tax dollars as opposed to the traditional IRA where you contribute before taxes and get to write off those contributions on your tax return. #rothira #RothIraHacks #taxfreewithdrawal #rothirawithdrawal #emergencysavings #personalfinancetips... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Raiding Your Roth IRA for Emergencies: A Last Resort Option A Roth IRA is a retirement savings account that provides individuals with tax-free growth and tax-free withdrawals in retir

Financial Planning 101 for 20 year olds: Financial Planning by Age: ETSY SHOP: Visit to join the FREE 5-day Salesforce Challenge or to enroll in the program to start working toward your new career! Salesforce Consulting Career Update: Why I Transitioned Careers: How I Got into the Tech Industry with No Experience: Financial Coaching: #financialindependence #budget #emergencyfund Get on my Money Monday List: Money Blog: Follow me on Twitter: 💵 Support me: 💰 Venmo: @DebtOverIt ________________________________________________________________________ *ACCOUNT BONUSES* 💻 Marcus by Goldman Sachs HYS Account: Earn 1.0% higher than the stated APY for 3 months (currently will be 5.15%) 💳 Chase Checking ($200 bonus): 💳 Capital One 360 Checking: Open an account, set up and receive direct deposit and earn $50 💳 CapitalOne VentureX: 75,000 bonus miles after spending $4,000 in first 3 months Unlimited 2X miles 💳 Discover: Earn $100 after making a

You can now use your Roth IRA as an emergency fund, but should you? Have a question you want to be answered on the show? Call or text 574-222-2000 or leave a comment! Want to speak with a Certified Financial Planner™? Visit or call 574-247-5898. Find more information about the Wise Money Show™ at Be sure to stay up to date by following us! Facebook - ​ Instagram - Twitter - ​ Want more Wise Money™? Read our blog! ​ Listen on Podcast: ​ Subscribe on YouTube: Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.... ( read more )

In this video, we will go over the most optimal or efficient way that you should invest your money for US citizens. This is based on investment vehicles available in the US. Hey everyone! Ivan here from the Vanilla Investor. If you enjoyed the video, be sure to like and subscribe! It really helps out the channel a ton, and don’t forget to leave any comments that you have down below! Thank you so much for your support! ►Subscribe!!! ►Support me on Patreon RECOMMENDED PLAYLIST: ►Everything FROM how many stocks to have TO the optimal order for investing ►Everything FROM debt repayment strategy TO passive income scams For business inquiries, you can reach me at generalenquiry.ig@gmail.com Disclaimer: None of this is meant to be construed as investment advice, it's for entertainment purposes only. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, we may earn a commission if you click through and make a purchase.

The recent uptick in bond yields has triggered uncertainty in the global financial markets, increasing the need for better management of finances for the coming year. Individuals can embrace some money management skills to achieve financial confidence and financial security in 2021. It is important to take decisive financial actions without freaking out to breeze through the uncertain market environment. Watch this video for more info on this space by Kalkine TV To know more please visit our website : #kalkinemedia #financialhygiene #bondyields #financialsecurity #moneymanagement #stocks #marketenvironment #financialhygiene To get more updates about Australia, NZ, UK, Canada and US stock market news, investors education & insights, subscribe our channel at Check out our media Website 👉 Follow us and stay updated on the Go with the Market Charter 👇👇 Facebook - Twitter - LinkedIn - ... ( read more ) LEARN MORE ABOUT: Treasury Inflation Protected S

Let's talk about the truth of emergency funds and explain the better way to success with your finances. NEW 40% off Coupon code ImNotLeaving 🔥🔥🔥 Lifetime access to programs on building your wealth & new updates in stocks, real estate, management, sales, or Youtube. Want deals off market / before they hit the MLS? Checkout for DealMachine! 🎁Amazon Shop w/ Books/Camera/Etc: 🚗My events & courses: ⚠️Best way to reach is via DM: @MeetKevin: 🕹Twitch: SPREADSHEET: 📅Post your Questions & I'll Answer in our Private Livestreams for: ✅Investing Course w/ Livestreams: ✅Agent Course w/ Livestreams: (Even if you can't make it to the lives, you can rewatch them and I'll tag you). 👕SHIRTS: 🧩Support the Free Content on the Channel: ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ❎I am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safet

In this video, Colin Exelby, CFP® explains the changes that are taking effect immediately and changes that will be phased in through Secure Act 2.0. It is divided into three sections to make it easier for you: • In the first section are changes that apply right now to people who are currently contributing. • In the second section are changes that apply right now for people planning for or taking retirement distributions. • In the third section are changes that will apply in the next few years. Secure Act 2.0 was pushed through on December 31st, 2022 and these retirement plan changes will affect everyone differently. It will affect you if you are contributing for retirement and It will affect you if you are withdrawing funds in retirement to live on. The hope is that these retirement changes will make it easier for people to save for retirement and give more options for withdrawing funds efficiently. TIMESTAMPS 3:37 - Changes Effective Immediately for Contributors 7:37 - R

Are you planning on maxing out any of these plans? Roth IRA Tracker: **more to come** ___ Financial Coaching: #contributionlimits #retirement Get on my Money Monday List: Money Blog: Follow me on Twitter: 💵 Support me: 💰 Venmo: @DebtOverIt ________________________________________________________________________ *ACCOUNT BONUSES* 💻 Marcus by Goldman Sachs HYS Account: Earn 1.0% higher than the stated APY for 3 months (currently will be 4.0%) 💳 Discover: Earn $100 after making a purchase in your first 3 months 💳 Chase Freedom Flex: Earn $200 after spending $500 in first 3 months 5% cash back on gas for 1 year No annual fee 💳 CapitalOne Venture One: 20,000 miles after spending $500 in first 3 months 1.25 miles per $1 spent No annual fee *MAKE MONEY* 🌟Rakuten (earn $40): 🌟MaxRebates (earn up to $50): 🌟BeFrugal: 🌟IBotta: 🌟Fetch app: Use my code EJH9Y for 2,000 points 🌟Upside (gas): LEILA95286 *INVEST & EARN MONEY* 🤑M1 Finance (Get

Invest With Fundrise (Sponsored): Here's 5 ways to inflation proof your finances in 2023. #fundriseendorsement #fundrisepartner 00:00:00 Introduction 00:00:20 Egg Price Inflation Explained 00:00:40 $10,000 Buying Power 00:01:15 How To Beat Inflation 00:01:42 2023 Inflation Prediction 00:01:57 5. Cash Allocations 00:03:11 4. Bonds 00:04:40 3. Equities/Stocks 00:06:12 2. Real Estate 00:06:39 Fundrise (Sponsored) 00:07:10 1. Real Assets ___ DISCLAIMER: Ryan Scribner, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Ryan Scribner’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or

Want Next Level I bond tips like how to avoid the 3 month interest penalty, how to buy MORE than $15k in I-bonds each year, and how to buy I bonds WITHOUT dealing with Treasury Direct? You'll find all that and more in this video! Buy I-Bonds at Yotta Bank Add me on Instagram: @jay.fairbrother 💰 INVEST WHERE I INVEST - M1 FINANCE💰 : Manage Your Budget and Investments with Personal Capital: HELP SUPPORT THE CHANNEL AND GET PERKS: YouTube Membership - Patreon - OTHER VIDEOS TO WATCH: ✅ I Bonds Explained ✅ 4 I Bond Strategies You Need To Know ✅ I Bonds vs High Yield Savings Account My Favorite Personal Finance Books: - Connect with Me On My Socials - Instagram: Facebook: Twitter: /// HOW I MAKE MY VIDEOS \ My ENTIRE Camera & Recording Equipment: Music In My Videos From Epidemic Sound: - For business or one on one consulting inquiries, please email me at jayfairbrotherofficial@gmail.com *Some of the links and other products that appear o

Schedule a FREE consultation call with Advisor.com today at This month, we're bringing some of our favorite money experts for The Recession Roadmap, a series all about how to navigate a potential recession as well as possible. In this episode, Nika from Debt Free Gonnabe shares a step-by-step process to help you build a recession-resistant budget. Nika on Instagram: Debt Free Gonnabe website: Join this channel to submit your own questions to Chelsea! The Financial Diet site: Facebook: Twitter: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing As the global economy continues to struggle amidst the COVID-19 pandemic, there is an increasing likelihood that a recession may be on the horizon. While this can be a daunting prospect for individuals and families, there are steps that can be taken to prepare financially. Here ar

Inflation is on the rise and it's important to protect your money in 2023. This video will teach you how to protect your money against inflation in the future. Inflation is a known risk and it's important to be aware of it. In this video, we'll teach you how to protect your money against inflation in the future. We'll discuss the different ways you can protect your money and what you need to do to make sure your money is safe in the future!... ( read more ) HOW TO: Hedge Against Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Inflation is a term that we often hear being thrown around in the world of finance and economics. But what is it really, and why should we care? In simple terms, inflation is the increase in the prices of goods and services over time. When inflation occurs, money loses its value and essentially becomes worth less than it wa

Thank you so much for your support Carol! Every bit of support and a good amount from each paycheck is going to my emergency fund until that thing is maxed out! But also a little investing in retirement accounts on the side feels nice too.☺️ Debt paid off to date: $143,849.31 ($99,978.42 in principal, the rest in interest) 😮‍💨 Hello!👋 If you're new here, my name is Rachel. I'm a millenial with a mountain of student loan debt.💰 I'm here to share my debt pay-off story in hopes of inspiring others to feel that there's hope to get out from under their debt and take their life back! If you need a little boost of motivation, you can subscribe for weekly videos. 💖Support: Venmo @Rachel-Hickey-20 If you don't know where to start with your finances, START HERE: I Will Teach You To Be Rich by Ramit Sethi (this book was pivotal in my financial foundations!!) Hard copy: Audiobook: Hi! 👋 Join me to start earning more money with SoFi Checking and Savings. Y

If liquidity is your main concern, you must maintain your emergency fund in cash. However, inflation can eat up your emergency fund, and you could keep a sizable portion of your emergency fund in bank FDs and liquid funds. You must avoid stocks and equity funds as they are volatile in the short run. Moreover, do not pick investments that have a lock-in period. Do not chase returns with your emergency fund. Focus on investments that protect your capital and offer decent returns. Download the BLACK app by ClearTax: To learn the 5 things to know before you invest, click here- To understand the best liquid funds in 2022, click here- To find out why you need an emergency fund, click here- Timestamps: 00:00 Introduction 00:40 How to build an emergency fund? 02:52 Should you invest your emergency fund in stocks? 04:51 Should you invest your emergency fund due to inflation? 06:58 Conclusion 💰 Subscribe to grow your wealth: Watch next – How Much of Your Salary Should Yo

Should you use your Roth IRA as an emergency fund? How do you use your Roth IRA if you become unemployed, have major surgery, or do something else unexpected? How does withdrawing your contributions impact your Roth IRA in the long term? 🤳 Social Media🤳 📖 Get Your Free Financial Spreadsheets and Resources 📖 ➡️ 👨‍🏫 1:1 Financial Coaching 👩‍🏫 Schedule a free 20-minute 1:1 Coaching Session Schedule a free 30-minute 1:2 Couple's Coaching Session ➡️ Introductory Forum: 📧 Email: hello@firepsychat.com 📖 What’s on my bookshelf? 📖 ➡️ "1,000 Nights: Death's Love Letter to Afghanistan" "The Millionaire Next Door" 📷 Additional FIRE Videos Mentioned In this Video 📷 Backdoor Roth IRA - 5-Year Conversion Ladder - Our $3.7 Mil Fat FIRE Plan - The 10-Step FIRE Checklist - Calculate FIRE Number - Customize Your Emergency Fund - Build a $2.8 mil Investment Portfolio - Pay Yourself First Budget - How to withdraw $2.8 mil Fat FIRE -