01/19/2022
One of my most popular posts from Facebook
I recently had a client who asked me this question:
Kathy, Iām 60 and have $1 million in my retirement accounts. My house was built in 1928 and needs a new roof and possibly a whole new electric system. Should I use my retirement savings to cover my expenses?
The quick answer; probably not. Being so close to retirement you don't want to have to spend your retirement money on costly repairs. At this point you may want to consider selling and buying something newer. In the end you will have more money and less headaches.š