Could you also have the woman with the bi-lingual children's book site contact me. I just started a book publishing company and would like to speak with her.
I just listened to the show where the Baltimore couple is planning to live on, gasp, $80,000 a year. My family lives on $60,000 a year, and we put $437 into our savings account every month, help our two children with $300 apiece every month, and give ourselves $100 apiece pocket money. It's true that we live in a low-rent part of the country. Our 69-year-old house only cost us $95,500 fourteen years ago, so our mortgage payments are under $800 a month. We track spending every month, live on a budget, and have traveled extensively around the world. Our car and motorcycles are paid for. Recently, I took a job as a VISTA volunteer, which brings in $11,000 a year. I'll use that to make sure my son gets out of graduate school debt free, as he's autistic (though a talented computer animation guy.) $80,000 a year? Piece o' cake!
On July 1,I could start collecting $253.01 per month retirement benefits from a former employer. It is/was a bank that has gone through many 'take over/being taken over' actions and has recently received TARP money. I could also take a lump sum payout of 41,247.97. If I wait to 12/01/2016, these figures become $431.70/mo. or $54,630.28 lump. What happens to this money if the bank goes broke or the retirement benefits plan gets turned over to the govt. backup? If I take the lump sum after July, I do not get the withdrawal penalty, but it would be subject to income tax. How could I invest the lump in Roth IRAs? They have a max per year investment cap don't they?
Can you connect me with the small business noted by your caller -- an online bookstore marketing bilingual childrens' books. We might buy some books!
Banks prominently display their mortgage rates. However, it is impossible to find other critical information such as the percentage of loans a bank will grant in a given condo/co-op or if the bank will not grant loans if the percentage of investors in a given condo/co-op exceeds a maximum. Trying to get answers to these question before submitting an application also does not yield any results. Is there any place where this information is publicly available?
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