In this special Q&A episode of The Future of Finance Podcast, host and financial advisor Marissa Wood answers your most-asked personal finance questions — from how much car you can afford to the truth about Roth IRAs, student loans, and even that daily coffee habit ☕.If you've ever wondered:Should I max out my 401(k)?How expensive of a car can I afford?How much money would I need to NEVER work again?This episode is for you.These practical, real-world answers will help you take control of your money — whether you're just starting out, navigating student debt, or planning for a work-optional lifestyle.💻 Work with Marissa: https://www.union-financial.com/📩 Got a question for a future episode? Send it through our site!⏱️ Timestamps00:00 – Intro: Listener-submitted financial questions00:52 – What is a Roth IRA & why should you invest in one?02:15 – What a Roth IRA can actually hold03:09 – How expensive of a car can I afford? (The 15% Rule) 🚗04:58 – Why you should shop your car insurance every year05:17 – Should I max out my 401(k)? Pros & cons06:17 – Why liquidity matters when investing07:17 – One of the biggest mistakes: cashing out your 401(k) early08:50 – The compounding cost of taking out retirement funds09:33 – Another big mistake: waiting too long to invest10:01 – How much do you need to retire at 35 with 4 kids in NJ?11:43 – Explaining the 4% withdrawal rule12:05 – The bare minimum number: $1.8 million13:03 – Best ways to invest when you’re young14:03 – Why consistency is key 🧾15:12 – Why you should keep investing when markets are down16:44 – Tax-free investing vehicles for young people17:18 – Should I aggressively pay off student loans? 🎓18:09 – Student loans = good debt?19:16 – Why investing instead of accelerating payments might win20:00 – How do financial advisors get paid?21:44 – Understanding fees vs. commissions22:30 – Wrap-up & how to submit questions for future episodes📌 Hashtags#FinancePodcast #FinancialFreedom #RothIRA #401k #InvestingTips #StudentLoans #MoneyAdvice #QandA #PersonalFinance #FutureOfFinance #Budgeting #FinancialGoals #SmartSpending

Ver todos los episodios