The Art of Negotiating

Next, Rob and Steve answer these questions at 800-525-7000 or via email at Questions@MoneyWiseLive.org:

• If you and your husband are retired, live within your fixed income, and have $275,000 invested in a fixed stable income account at 2.55%, should you invest the funds in a more diversified way?
• Should you pay off a mortgage balance of $37,000 if you have $40,000 in savings but no additional emergency fund?
• If the $260,000 annuity portion of your TIAA 403b has a guaranteed return of 3%, should you move the remaining $180,000 with TIAA that is currently in stocks and mutual funds into the annuity?
• What is the best way to set up an endowment for a rural church that is lacking resources?
• Should you use some of your TSP account funds to pay off a $25,000 note on your tiny home?
• If you expect to realize $40,000 in equity from a home sale, should you pay off student debt or use the equity as a downpayment on a 'forever' home?
• Is it important to have a detailed budget if you are already live frugally and within your means?

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