|
|
|
|
|
|
|
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: 
|
|
|
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)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mechanics of Money, LLC - © - All Rights Reserved
|
|
|
|
