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I have $80,000 in a 401(k) at my current job and $5,000 in savings,” she said. “That’s it. I rent my apartment.”
Question 4: What Are Your Liabilities?
“I have $10,000 in credit card debt and growing, I’m sure,” she said.
Question 5: What Else?
“That’s it, really.”
“Any IRAs?”
“Who?”
She was serious. I shook my head and went to my sixth question.
Question 6: What Do You Want?