The DTI could be lower, but the overall picture doesn't concern me as a debt story. What does worry me more is that you want to retire in 16 years. Going from zero to retirement in the time span of 16 years is a very big goal. You want to retire at 60 at any age, starting from zero and retiring in 16 years is an undertaking.
#433: Should “Walker,” an anonymous caller, give up a cushy job to take a year-long sabbatical in Europe?
Blue wants to rent out his East Coast home, take a sabbatical from work, travel to the West Coast with his family, and start a YouTube channel and other entrepreneurial projects. How should he manage his money to make this happen?
Melissa regrets buying a house two years ago in Ft. Lauderdale. She’s poured $30,000 into repairs, all of which she borrowed. Her home-related debts have mounted. She’s over-extended. Should she cut her losses?
Former financial planner Joe Saul-Sehy and I tackle these three questions in today’s episode.
Enjoy!
P.S. Got a question? Leave it here.
For more information, visit the show notes at https://affordanything.com/episode433
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