“We are savers-—putting in 401K, stocks, mutual funds, some precious metals”
Retire if you can. Spend down your assets. Kamala’s Communists can’t steal from you what you don’t have.
I’m too young to retire and cash out-—56 YO. However, we have a few options:
#1-—Sell the house, cash out but that means we have to move away from family and friends (mom and dad are 82 and MIL is 90). Staying in the area is simply not going to change the dynamic much.
#2—Covert the downstairs and rent it out to offset costs or taxes and mortgage. However, that’s $20K-$30K and then the problem with renters and our leftist inspectors.
#3—Stay the course, for now and wait until November and visit the other options again.
We’re leaning toward #3 right now but we have to get some of this CC debt paid somehow.
“Spend down your assets”
What do you plan to live on?