brought to you by the every dollar app start budgeting for free today we're going to go to lancaster

pennsylvania tom is there tom how can we help hi guys hey uh yeah i'm 60 to 61 june uh zero in

retirement uh my wife and i bring in about $7,200 a month after taxes.

That's clear.

I have about $26,000 in debt right now between credit cards and personal loans and the

tax billets do the end of June.

I have my budget out.

Everything's done.

My question is in October when they are paid off, I would like to do a max out two Roth IRAs and then do my 401K at work.

That still leaves me about 2,000 a month extra to invest.

Where is the best place to put that?

So I get the most return on it for the next four and a half years, five years.

What happens after five years?

I would like to retire when I'm 65.

Oh, boy.

Well, I wish you could just announce that once you turn 65, you get to.

Man. I would like to do that. I would love that for you, Tom, but I don't know that the numbers will work out if you just stopped working.

Yeah, we're going to get about, we'll get no less than 4,000 a month from Social Security, and I took in the fact

in 2034, it's supposed to go down 80%, so I have all those numbers crunched in there and everything.

My thought is if I can get around $150,000 to $160, 175, I can take an extra $1,500 a month out of the investments, and that's at 8%,

average in 8%. I know it's pretty aggressive. We have a fidelity growth fund in it at work,

which is average is 8 to 12. So I've looked at that. So I've done some homework, but I'm just

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