Reported 8 months ago
A couple, planning to sell a family business and relocate, seeks advice on using $1.2M in cash to buy a home. The article suggests assessing financial readiness and lifestyle changes, reviewing income sources, and comparing expenses to income. It explores the impact of paying cash or getting a mortgage on the retirement budget. Considering emotional and financial factors, the couple receives recommendations to decide on the best approach for their retirement planning and housing investment.
Source: YAHOO