LGBTQ

Next Day Err

Next Day Err

Well-Known Member
Thebrownblob said:
I don’t consider that making me a millionaire not until I retire anyway I don’t count any chickens until there hatched. Not to mention Enpower, makes it quite difficult to pull out, which is fine with me.

My home only has a couple more payments before it paid off, but it’s also not a liquid asset. Even if I sell it, I need to buy another one.

Thanks for reminding me about checking my couch cushions!
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It's not a bad strategy, really. Too many folks think their house makes them rich... well........
 
oldngray

oldngray

nowhere special
Thebrownblob said:
I don’t consider that making me a millionaire not until I retire anyway I don’t count any chickens until there hatched. Not to mention Enpower, makes it quite difficult to pull out, which is fine with me.

My home only has a couple more payments before it paid off, but it’s also not a liquid asset. Even if I sell it, I need to buy another one.

Thanks for reminding me about checking my couch cushions!
Click to expand...
A house isn't a liquid asset but you should definitely have yours paid for before retiring. With no house payment you need a lot less to live on. And yeah most of your assets won't be liquid and you would be paying extra taxes or capital gains if you cashed them in.
 
B

BrownFlush

Woke Racist Reigning Ban King
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