Mailbag: Should I Pay Cash for My House in Retirement?

David does one of the things he loves to do best—helping listeners! We dive into the mailbag today to hear questions from people in all sorts of different points in their financial lives. We hear from a retiree ready to downsize, a younger listener trying to max out savings, and someone about to retire but shocked by required minimum distributions.  Do you relate to any of these situations?

 

Here are the questions David answers today:

• Mailbag: Planning to downsize our house. Should we pay cash to avoid the high interest rates with a mortgage?
• Mailbag: I maxed out my 401(k), where else can I save?
• Mailbag: Can they really make me withdraw that much in RMDs?

 

For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.