Nancy DeFauw – SUM180 Team

Chelsea, your motivation to get those loans paid off is great. Good for you! Consolidating both types of student loans with a reputable bank might offer some benefits such as simplified payments and potentially, a better interest rate. On the other hand, federal loans provide more protections for their borrowers, so, before you decide to…[Read more]

Real estate, especially when it’s generating rental income for you, can help you a) diversify your investments and b) provide you additional non-work related income (good insurance in case something happens on the work front). In general, when you look at your whole investment picture, real estate should be about 25% of the total. Your home is…[Read more]

Real estate, especially when it’s generating rental income for you, can help you a) diversify your investments and b) provide you additional non-work related income (good insurance in case something happens on the work front). In general, when you look at your whole investment picture, real estate should be about 25% of the total. Your home is…[Read more]

Real estate, especially when it’s generating rental income for you, can help you a) diversify your investments and b) provide you additional non-work related income (good insurance in case something happens on the work front). In general, when you look at your whole investment picture, real estate should be about 25% of the total. Your home is…[Read more]

Hi Kelly, there isn’t a minimum you have to earn to set up a SEP, but there are some rules about who is eligible to participate. First, the SEP -IRA plan is set up by an employer for its employees (including yourself if you’re the business owner and an employee). Contributions are made by the employer on your behalf and generally, employees are…[Read more]

Hi Anne,

Great question and strong work you’ve done to be in this position!

The key difference, as you probably know, between the Roth-IRA and the 401k is how and when things get taxed. With the Roth, you make your contribution after you’ve already paid taxes on the earnings, but you won’t pay taxes when you withdraw the funds at retirement.…[Read more]

What a really diverse set of choices! A friends’ parents have recently settled in Sarasota and love it.