Updated almost 2 years ago on . Most recent reply
House payment options
62,retired,zero debt. Buying 1st house
monthly income fromSS and small company pension is $2720,I have $1,520,000 in a rollover IRA. My question is should I just withdraw money from IRA and buy the house, or is there a better way .
Most Popular Reply
@Kurt Brooks
Depends on how much $ you need to live off of. Also it depends where you have that money and if it is making more than the interest rate on the home.
If it was me I would probably pay cash for it if it was less than 20% of the money I had in my ira
- Chris Seveney
7e investments
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