Saturday, October 3, 2015

Quote of the Day

October 3, 2015
Does Downsizing in Retirement Still Make Sense?

From the comments:

If you borrowed at least 60% of your home value at a rate at least 1% below what your money earns elsewhere and didn't bother to count your primary residence as an asset but a wash, none of this matters. - vram47

Much danger, there is when borrowing money to invest elsewhere in retirement. Back the empire may strike. Yes, hmmm.

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