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cover of episode What's the Best Way to Fund a Remodel During Retirement?

What's the Best Way to Fund a Remodel During Retirement?

2023/8/15
logo of podcast Ready For Retirement

Ready For Retirement

Shownotes Transcript

If you’re retired, you can’t wait around for the next bonus or stock to vest when you have a large expense. When you’re on a fixed income it’s more important than ever to find the best way to pull funds for large expenses. 

In today’s episode, James explains how to find the best way to pay for large expenses in retirement while answering a listener’s question.

Questions Answered: 

Should you use IRAs (or other assets), cash, or finance to pay for large expenses with today’s high-interest rates?

What considerations should you take into account when planning for a big expense in retirement?

Timestamps:0:00 Intro3:48 Cashflow 8:46 Taxes10:52 Timing13:14 Example20:58 Investment27:04 Legacy30:32 Outro

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