Making Difficult Financial Decisions
March 06, 2016Planner: Doug via Financial Helpline
Problem: She was getting ready to retire and didn’t know whether to pay off her house, buy an annuity or do something else entirely.
Suggested Action Steps: We discovered that she actually wanted to have a smaller place to have less to maintain. So instead of taking a big lump sum and getting taxed on it, we discussed looking for places that she could buy for the equity in her home.
Results: She was able to retire with more money, less to clean and a lot less financial stress by down-sizing her home.
Testimonial: “It made me more knowledgeable when discussing things with my financial planner. So glad I made the call.” – Financial Helpline Caller