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Old 11-13-2007, 10:26 PM
7 posts, read 17,635 times
Reputation: 11


My husband is receiving 65k (gross) a year pension w/ full medical. (He is 56 just retired). We only have 100k saved and not in stocks as I'm afraid of stocks. I'm presently working and earning about 75k a year and I want to retire - I'm 56 as well. (Will receive no pension) We presently live in Bucks County and have a home worth 425k and owe 215k on it yet. We have no bills (not even auto payments) except our mortgage. My husband wants to move to NC in a few years. Do we have enough if I want to stop working and we'd like to take 2 trips a year?

I don't trust financial planners as one says pay off your home and the other says never pay off your home and take out 100k of the 200k equity and invest the 100k instead of letting the bank make $ on you.

WHO DO YOU LISTEN TO ????????????????????????
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Old 11-14-2007, 05:03 AM
12,767 posts, read 28,906,844 times
Reputation: 7341
Jeez, not a bulletin board! Pick the financial planner you trust and then go with their advice. It's not suprising that they disagree, there are probably many approaches that would work.
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