Ask Paula: Thinking about Money from First Principles

Published: June 4, 2021, 5 a.m.

#320: Rob is hoping to retire at age 60, but he has a pesky mortgage balance he wants to eliminate beforehand. He and his wife expect to inherit $300,000. Should they use this money to pay off their mortgage or should they bulk up their retirement accounts?\nAnother anonymous caller has two separate questions. One is about the tax efficiencies of ETFs vs. mutual funds, while the other is about Ginny Mae funds and whether there are bond funds that have an inverse relationship with equities.\nPriya is looking for information on home equity loans: where can you get the best terms, and what are the disadvantages? Additionally, she\u2019d like to know which city is best for rental investing: Atlanta, Dallas, or Raleigh?\nMy friend and former financial planner, Joe Saul-Sehy, joins me on the show to answer your questions. Let\u2019s dive in!\nFor more information, visit the show notes at https://affordanything.com/episode320\nLearn more about your ad choices. Visit podcastchoices.com/adchoices