Dave says: You will be good with the best plans set
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Will be good
Dear Dave,
My mother is 76, and the only debt has about $ 60,000 left in their mortgage. You have $ 600,000 in retirement accounts, and a long-term insurance policy. But you have $ 25,000 $ 25,000 in a market right-based market account in the daily credit and purchase. To be honest, this concerns me. He has been living inside his way, so mistakenly worry? He has been talking about paying his loans, and I’m not sure how I feel about that, or. I would like your opinion.
Commander
Dear Kelly,
You sound lied to be at the stock market in her kingdom. In my mind, that’s not a bad thing at all. It may not be the general Financial Planner to tell you, because most part they will try to find you something very good for your money as you grow. But from the way you explained things, it sounds like he doesn’t plan to spend this money, but spending incomefrom themoney. If so, he will not strike down in vain. Therefore, if it is a good finance – not single shares – I think you will be right.
Now, let’s talk about a mortgage. I can always recommend you to continue paying it. If he can do that at age 76 and still remain $ 540,000 left, that’s the way to go. Let us pay for the house, then he can start taking his salary from the remaining percentage. He will not need a lot about the payment of the house without a way, because he will not send money to a bank to pay.
– Dave
The best scheduled strategies
Dear Dave,
My wife and I were talking about paying our money tried two or three years. Do you think we have to do this with more payment in the house, or invest more than 15% retire?
Walk
Dear March,
If I were in your shoes, I would pay more in the house. On the other hand, you don’t really make abadsomething by putting extra money in retirement, or.
But here is a covenant. No matter how well you plan, you will never know exactly what will happen in the coming age of your life – or your life investment. MaysupposeYou know. You may believe that you have all the chance of an account. However, a cold truth, the most beautiful and intelligent strategies that always work as we think – or how we want.
And in case of something unapproved or expected, it’s sure it would be fun to have your own free home and clear, isn’t it?
– Dave
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