Financial advisor is telling me to pause Roth payments over canceling whole life policy - Title is the situation. I have worked with this guy for a few years and recently he got me to invest in a whole life account. However after a home purchase my monthly expenses have gone up and I need to make some decisions to lower my monthly expenses. When I brought this up I got push back in several emails, with the most recent telling me the title. I was surprised because everything I've heard from others and including him says it is smart to make payments to a Roth account especially since I'm still in the lower tax bracket. Any thoughts? Is my guy worth it? Should I send him packing? Am I wrong? Should I pause my Roth payments? Personal Finance

Financial advisor is telling me to pause Roth payments over canceling whole life policy - Title is the situation. I have worked with this guy for a few years and recently he got me to invest in a whole life account.

However after a home purchase my monthly expenses have gone up and I need to make some decisions to lower my monthly expenses.

When I brought this up I got push back in several emails, with the most recent telling me the title.

I was surprised because everything I've heard from others and including him says it is smart to make payments to a Roth account especially since I'm still in the lower tax bracket.

Any thoughts? Is my guy worth it? Should I send him packing? Am I wrong? Should I pause my Roth payments?


Shortnsalty 33d

Berkshire is hoarding so. much. cash.

Berkshire is hoarding so. much. cash.
Goldrush_Greg 64d

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Stonksurfer42 94d

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Moonbagjack 125d

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Chartwizard_Au 155d

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Tendies_Inbound 1y

#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?

Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?