I am 57, can put max 20500/year in ROTH TSA at work in Fidelity and TIAA CREF. Please advise fund choices. Thx
My husband is 62, I am 57, not in great health. We are professionals, came to USA 17 years ago with $ 500, two daughters; 17 and 6 years old, and my mother. We worked for very little money first 6-8 years, gradually advancing, and now make together $ 180000. Purchased a house in 1998 for $ 200000, owe $ 110000 on our mortgage, which we re-financed three years ago for 4%,15 years, monthly payment $ 1465. We pay additional $ 3000 to 5000/year into the principal. Have a $ 30000 10 years home equity taken 4 years ago for house improvement, monthly payments $ 367. Our older daughter is 35, married with two children, a dentist. In four years when our younger will finish grad school, it will be 21 years putting kids through school. Both girls took loans for grad school, but we do help with living expences which amounts to about $ 6000/year. We have about $ 150000 in Rollover IRA and 403B, $ 40000 in cash savings in Emigrantdirect. No credit card debts. Two 10 years old cars.