This week we are returning to the digital mailbag to answer your questions!
In this Q&A episode, we take the plunge on inflation fears, cryptocurrency, real estate investing, the debate between loans and all-cash offers, mid-week climbing partners, the Roth 401(k), autoimmune conditions, and some more intimate details about where and how we hold our money in various accounts. Finally, I reveal some notable changes to Mrs. CC’s schedule, among a variety of other topics.
This episode was fueled by Tentacle Coffee.
Previous Q&A Posts
Your Questions Answered: Volume One
Your Questions Answered: Volume Two
Your Questions Answered: Volume Three (podcast)
Q1: What would you have done differently 10 years ago? (5:02)
Seven Lessons From Two Years of Financial Freedom
Q2: Thoughts on Inflation (9:35)
NY Times, The Daily: Did Democrats Make Inflation Worse?
NPR, Planet Money: Night of the Living Inflation
Q3: Thoughts on sharing financial details (14:34)
Seven Lessons From Two Years of Financial Freedom
Keeping the “Safe” in Safe Withdrawal Rate
The Long Approach to Being Scared of Investing
Q4: How do you find climbing partners during the work week? (18:25)
Q5: What do you think about cryptocurrency? (21:42)
Bitcoin and Other Things You Shouldn’t Own
The GameStop Saga: Hedge Funds, Reddit Investors, and Why They’re All Wrong
Q6: Why don’t you spend much time talking about real estate investing as a viable path to financial independence? (25:39)
Should I Buy a Home? Part 2: Opportunity Cost
Relocation: A Guide to Moving and Housing Affordability
This Just In: The Real Cost of Home Ownership
And We’re Back to Home Ownership! But Why Now?
Housing Affordability: This Isn’t Normal
Q7: Tell me more about funding an HSA, especially without earned income. (27:00)
Kiplinger: You Don’t Need Earnings to Contribute to a Health Savings Account
Q8: Where can I get a decent interest rate for cash savings? (30:32)
Your Questions Answered: Volume Two
Q9: Should I max out a Roth IRA? (33:16)
IRS: Changes to Retirement Plans for 2022 (Roth IRA contribution and income limits)
The CC Family Investing Strategy, Part 1: Philosophy and Asset Allocation
The CC Family Investing Strategy, Part 2: Where Exactly Is Our Money?
Your 2021 Guide to Actually Saving Real Money
Q10: Can I use whole life insurance as an investing vehicle? (34:38)
Q11: I need a new car. Should I take out a loan or pay in cash? (35:58)
How to Get a Fantastic Deal on a New Car
Van Life: The Economics and Trade-Offs
Q12: My new job offers a Roth 401(k) option. Should I use it? (39:35)
Nerd Wallet: Roth 401(k) versus Traditional 401(k)
The Bold and Beautiful Roth Conversion Ladder
Q13: What is a mega backdoor Roth?? (45:33)
Forbes: Is the Mega Backdoor Roth Too Good to be True?
Q14: Can you tell me more about your autoimmune condition? (46:31)
Seven Lessons From Two Years of Financial Freedom
Q15: Can you provide more details on the percentage of funds in various investing accounts? (51:39)
The CC Family Investing Strategy, Part 1: Philosophy and Asset Allocation
The CC Family Investing Strategy, Part 2: Where Exactly Is Our Money?
Relocation: A Guide to Moving and Housing Affordability
Question 16: How exactly do we fund our living expenses? (1:00:42)
Expense Ratio & Fees: They’ll Hose You Big Time
Early Retirement Now: The Safe Withdrawal Rate Series
Some Fantastic News on Healthcare Costs (More on how we balance income, spending, Roth conversions, and healthcare cost consideration)
How to Have Negative Health Insurance Costs