Ask Paula: Should I Pull Money from My Emergency Fund to Invest or Pay Off Debt?
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Should I Delay Social Security?
The way social security has been calculated lately, there's a huge pay off in taking socia security later. Many places show about an eight % return on your money if you don't take social security and you let it go to the next year. If they have a really high, fixed monthly payment on this mortgage, and paying it off would relieve them from needing to draw down a bigger number then i can see an argument for prioritizing that primary residence pay off prior to retirement. But on the flip side, a roth for o three b is pretty darn attractive. And they're young enough that they can pound some pretty decent money for the latter half of their retirement years when they're
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