Forum Discussion
Ivylog
Mar 25, 2020Explorer III
time2roll wrote:valhalla360 wrote:So do you take a lump sum out of your well funded retirement account and push yourself up a couple tax brackets or take out the low interest loan and pay over 4 to 8 years?
That said, if you need a 20yr loan, you are spending more than you can afford, no matter how you try to justify it.
No, at 59.5 or older, with a “well funded retirement account” you’re not dumb enough to do that. You buy a less expensive used rig that you can more nearly afford.
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