Financial Advice

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Q&A Financial Advice

Social Security question. My wife is 62 and could begin drawing $600/month now vice her full benefit of $800 at full retirement age. I'm 58 and ~10 years away from retirement. My benefit will be around $3600 meaning her spousal benefit would normally be $1800. If she takes her benefit now, what is t...
I have a special need daughter who will require a SNT after My wife or I dieand was unsure how you handle these cases
Disabled Vet Gal”,In the interest of getting you the assistance you need, to include career and financial counseling, I would strongly recommend you find a good counselor in those areas at your local VA, in addition to receiving your health care there.The best piece of advice I can give you at this ...
We are in the process of purchasing a home using a VA loan. While we have the ability to put $0 down with the loan, we have the capacity to make a down payment. Due to our move cycle, we know there is a high likelihood of selling the house in 3 years. Are there good resources to help determine the m...
I am 53 and I have $46k in an employee 401k with a 3% match (I contribute another 3%), and about $30k in a Roth IRA that I haven't contributed to in 15 years (money went to kid's college fund). Should I..... - increase my 401K contributions to 6%, which would reduce my end of year tax burden and inc...
My husband and I need to clean up our credit reports. There are things on there that have been paid off for about two years that are still negatively affecting our credit scores. Does USAA assist with cleaning up credit reports if not any advice on what we should do? Thank you,
I only have $78,000. in IRA. Home equity ranges from $120-130,000. in order to replace unsafe 2003 Toyota Sienna, I am considering taking $2-3,000. from IRA. What are choices and consequences? Thank you, Nancy Ingle
I have a retirement from a previous job just sitting and not growing. I don't want to roll over to my new job because I don't plan on staying with my new job. However, I need to be able to have access to the $ as I am not totally financially stable right now. What is my best bet to do with this $ to...
I love my car but its mileage is starting to get up there. What is the best way to start saving for a new car? Should I start putting aside more money than usual from my paycheck in my savings?
When making extra mortgage payments and given the option to pay towards principal or Interest, which is better?
Is it better to pay off credit card debt with a debt consolidation loan or gradually over two years?
I'm getting married later this year, and I was curious how much money should we be spending on the honeymoon. I have some money in savings accounts that I am expecting to use but the real question is how much of that should I use? We're planning to get an apartment once we get married so I don't hav...
Hi you all,I am considering in taking this course offered by AARP called a "Driver Safety Course" for $19.95. This is a 8 hour on line course for drivers over 50. It proposes that I can save money on my car insurance. I have been with USAA for more than 30 years. Does anyone know if by taking and co...
I have an old work 401k with about 21k in it. The last two years it has yielded between 12-16% in return. I have been open to the idea of rolling it into a Roth IRA for the tax benefits, but am not sure if I should because of the high return it is getting. When, if ever, is a good time to roll it in...
Does USAA offer long term care insurance? I’d like information about it if you do.
I want to buy a home,how do I start the process?
Recently I cancelled my auto insurance because my driving had deteriorated to the point I was an accident about to happen. I have Parkinson's disease and at 86 years of age had enough. But live with my wife in CCRC in northern Virginia. Also have Renters and Umbrella policies with USAA, and Life ins...
I have credit card debt and a loan. All added up probably about $12-15,000. I have the money to pay it off. I also want to buy a house soon. Should I pay off the debt now, before getting pre approved? thank you
Would it be better for me to put my Emergency Fund into a Savings or a Checking account? I already have a Savings and Checking but I would like a third account so that I don't touch the money except for bills and it will hopefully be a short-term budget.
How do I raise my credit score to purchase Va home loan