Ask Terry
-
Credit/Debt
Low credit score and debt
History summary: Given money to adult son, wife and 4 children. We are at our limit providing financial help until..
-
Financial Planning / Retirement
Transfer on Death Deed
Hi Terry, what are your thoughts on choosing between a Transfer on Death Deed vs. a living trust, especially for..
-
Wild Card
Joint Account
After my husband’s death 15 years ago, I opened a joint bank account with my daughter so she would have..
-
Chicken Money
Rainy Day part of Chicken Money
How much money should I have readily available in the rainy day fund, if my monthly expenses are covered, and..
-
Investments
Private markets investing in Empower 401k
Hi Terry, I am 68 years old and I have a few hundred thousand dollars in a 401k. I was..
-
College Savings / Student Loans
Repayment of student loans that are private through Sallie Mae.
My daughter received a sports scholarship, her first two years of college. Then she left the school and applied for..
-
Insurance & Annuities
Medicare switch
I currently have plan F with BCBS, the plan was discontinued in 2020 ,but grandfathered members ,I am trying to..
-
Social Security
Social Security benefits for a widow
I am a retired Chicago, public schools, counselor, and my deceased husband worked for the City Of Chicago. We both..
-
Housing / Real Estate
CC real estate tax increase
My real estate tax market value ( per 2025 reassessment notice) has ballooned 290% for upcoming 2026. I have called..
