{"id":3124,"date":"2021-04-22T13:12:36","date_gmt":"2021-04-22T17:12:36","guid":{"rendered":"https:\/\/rockonthemoney.com\/?post_type=podcast&p=3124"},"modified":"2021-04-22T13:12:37","modified_gmt":"2021-04-22T17:12:37","slug":"ep125-time-to-reallocate-investments-how-people-justify-74000-new-vehicles-how-much-emergency-fund","status":"publish","type":"podcast","link":"https:\/\/netcast.one\/rotm2\/podcast\/ep125-time-to-reallocate-investments-how-people-justify-74000-new-vehicles-how-much-emergency-fund\/","title":{"rendered":"EP125 – Time to reallocate investments?; How people justify $74,000 new vehicles; How much emergency fund?"},"content":{"rendered":"\n

We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com<\/p>\n\n\n\n

QUESTION 1<\/strong>
Considering some changes to 401k contributions. Currently I max out my contributions in pretax 401k, but considering changing to some contributions in a Roth IRA since my employer has this as an option. currently in 22% tax bracket, but getting close to the 24% bracket. Thoughts?<\/p>\n\n\n\n

QUESTION 2<\/strong>
Am curious, how many of the folks in this group reallocated their investments after the crazy awesome year we had?\u00a0<\/p>\n\n\n\n

QUESTION 3<\/strong>
Help me understand something. I just saw an ad for a new GMC Yukon for $74,000. At 0% interest and $10k down, the payment will be roughly $1,066. Tell me how someone that’s not a multi-millionaire and making less than $150,000\/yr could possibly justify this insane purchase?<\/p>\n\n\n\n

QUESTION 4<\/strong>
I have some trouble saying no- everyone at work has something to sell-they make things to sell or they have to sell things for the kids fundraisers- how do you handle this?<\/p>\n\n\n\n

QUESTION 5<\/strong>
When you open a fidelity Roth IRA account do you then select the mutual fund for it? Or is there a separate selection of mutual funds for Roth IRAs ?<\/p>\n\n\n\n

QUESTION 6<\/strong>
Just want to gauge things: how much on average do you have in your emergency fund, what type of account do you keep it in and what is it earning?<\/p>\n\n\n\n

**This post may contain affiliate links, and we may be compensated if you make a purchase after clicking on the affiliate and\/or partner links.<\/p>\n\n\n\n

Sponsored by Choice Realty Connect :<\/strong> https:\/\/choicerealtyconnect.com\/<\/strong><\/a> when you are wanting to buy or sell a home, condo or any type of property. Trust Amanda to help match you with up to 3 top agents in your area.<\/p>\n\n\n\n

BESTOW – Fast, Free Quote on affordable online term life insurance. No exam, no waiting, no hassles: <\/strong>https:\/\/tinyurl.com\/y79pywmw<\/strong><\/a><\/p>\n\n\n\n

WEBULL – Get 1 FREE stock valued up to $1,200 here<\/strong>: https:\/\/act.webull.com\/kol-us\/share.html?hl=en&inviteCode=HvpbX35EsVmn<\/strong><\/a><\/p>\n\n\n\n

Website: <\/strong>https:\/\/netcast.one\/rotm2\/<\/strong><\/a>
Subscribe to the podcast – all links located here: <\/strong>https:\/\/linktr.ee\/rocklandusa<\/strong><\/a>
Call us with your questions : 989-888-ROCK (7625)<\/strong>
Facebook Group: <\/strong>https:\/\/www.facebook.com\/groups\/your401k\/<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com QUESTION 1Considering some changes to 401k contributions. Currently I max out my contributions in pretax 401k, but considering changing to some contributions in a […]<\/p>\n","protected":false},"author":1,"featured_media":2794,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"episode_type":"audio","audio_file":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2021\/04\/ROTM-EP125.mp3","cover_image":"","cover_image_id":"","duration":"25:07","filesize":"26 mb","date_recorded":"22-04-2021","explicit":"","block":"","itunes_episode_number":"125","itunes_title":"Time to reallocate investments?; How people justify $74,000 new vehicles; How much emergency fund?","itunes_season_number":"","itunes_episode_type":"full","filesize_raw":"27315834"},"tags":[105,123,145,397,205],"series":[234],"coauthors":[284],"episode_featured_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/07\/ROTM-EP60-mp3-image.jpg","episode_player_image":"https:\/\/netcast.one\/rotm2\/wp-content\/uploads\/2020\/04\/album-rockonthemoney1410-10.jpg","download_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-download\/3124\/ep125-time-to-reallocate-investments-how-people-justify-74000-new-vehicles-how-much-emergency-fund.mp3","player_link":"https:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-player\/3124\/ep125-time-to-reallocate-investments-how-people-justify-74000-new-vehicles-how-much-emergency-fund.mp3","audio_player":"\nhttps:\/\/dts.podtrac.com\/redirect.mp3\/netcast.one\/rotm2\/podcast-player\/3124\/ep125-time-to-reallocate-investments-how-people-justify-74000-new-vehicles-how-much-emergency-fund.mp3<\/a><\/audio>","episode_data":{"playerMode":"dark","subscribeUrls":[],"rssFeedUrl":"https:\/\/netcast.one\/rotm2\/feed\/podcast\/rockonthemoney","embedCode":"

EP125 – Time to reallocate investments?; How people justify $74,000 new vehicles; How much emergency fund?<\/a><\/blockquote>