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SVTPerformance's Chain of Restaurants
Road Side Pub
What would you do if your wife told you to retire?
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<blockquote data-quote="nxhappy" data-source="post: 16643561" data-attributes="member: 50238"><p>Rather than pay off the house, you are better off investing that money in the stock market, 401k, other real estate, etc. For sure pay off any vehicles, and credit cards, person debts, lines of credit, etc. Again,<u> do not pay off the house</u>. That money is what keeps you through retirement. Unless you are talking a small amount, IE 25k etc. For 50k a year, figure 500k invested at 10%. That is very doable assuming normal stocks/ S&P500/ index funds.</p></blockquote><p></p>
[QUOTE="nxhappy, post: 16643561, member: 50238"] Rather than pay off the house, you are better off investing that money in the stock market, 401k, other real estate, etc. For sure pay off any vehicles, and credit cards, person debts, lines of credit, etc. Again,[U] do not pay off the house[/U]. That money is what keeps you through retirement. Unless you are talking a small amount, IE 25k etc. For 50k a year, figure 500k invested at 10%. That is very doable assuming normal stocks/ S&P500/ index funds. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
What would you do if your wife told you to retire?
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