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Financial Question and Answer


Financial Category: Retirement Planning      Location: TX
Posted: 09/22/2009      Approved: 11/30/2009
Number of Replies: 1     Email Copy To: email financial advice


Question:

We have built a house on 20 acres and have enough equity in it to sell and purchase another lower priced house. We have about 5K for retirement. We are in our early 40's. Does it make more sense to sell the house and buy a lower priced house and save the house payment towards retirement, or stay in the house and have the hopefully appreciation of the land?

Answers (click on a reply to view the answer)



Posted Subject Submitted By



2009-12-03You have several variables to consider: 1) land vRoderick Hausmann




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