Recent content by RyanTaylor

Thank you very much! I will pass on every bit of great information to him! Next.. does anyone know how to close a thread now? Hahaha

Thank you all! Very good feedback!

Funny that you mention things needing to be replaced. He just fixed the furnace for about $150 and is in need of a new roof. Always something, isnt it. I will have to sit down with him and let him know all of this! Key things ive learned so far about what to do Roll over past 401k into his IRA...

Thank you guys, I will bring up these points to him. As for the part time job, he doesn't have a set schedule and that would make working part time for him difficult. Second, his Lowe's cc is only $60 a month, and just recently paid off a cc bill of 5k. That alone is saving $150 a month. He is...

He is just embarrassed, and is putting it off. He knows that he should be working on it. As for a 401k, in reply to the other poster, I believe he has access to one, but isnt planning to contribute as he doesn't want to stay with Lowe's for much longer than a couple years.

No pension, and minimal health insurance pretty much. He works for Lowe's, not very high quality employee benefits.

Hi, I'm new to this forum and have been looking around for quite a while now. I'm focusing on helping my dad get started for retirement. He's extremely far behind and need to know the best way to get him back on track. He's 42 years old, has 8k in an IRA and another 8k in a past 401k. He makes...