• Question
  • if we sell the house pay off 45,000.00 debt buying a 30,000 condo how much will we have to live on?

    Asked by a 69 year old man from Williamsburg, VA on 3/31/2015

    if we sell the house pay off 45,000.00 debt buying a 30,000 condo how much will we have to live on?

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  • Categories: Paying Off Debt, Retirement Planning

Answers

  • Steve 

    Steve 
    NewRetirement

    San Francisco, CA

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  • You can do some projections with our Calculator by making some assumptions about how much money you'll have left and what your costs would be assuming that you sold your current home, paid down your $45,000 debt and used part of the proceeds to buy the condo.

    https://www.newretirement.com/retirement-calculator/default.aspx

  • Login to rate this answer:   Answered on 4/29/2015
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.