ncbill
Thinks s/he gets paid by the post
I'd consider a HELOC but would not carry a mortgage into retirement based on what I've seen.
The relative I buried a year ago had a mortgage and HELOC and that made for a very mean retirement for them after unexpectedly being laid off age 60...they had to cash in their pension to make it to SS at age 62, dying about a decade later.
The relative I buried a year ago had a mortgage and HELOC and that made for a very mean retirement for them after unexpectedly being laid off age 60...they had to cash in their pension to make it to SS at age 62, dying about a decade later.