yellowgirl wrote: We are thinking about take out 300K from home equity (cash out refinance). We can use the 300K for day to day expenses and max out 401ks, iras and 457. Is this a good idea?
yellowgirl wrote:Not with all these deductions: taxes, health insurance, disability insurance, pension, life insurance. We need: 36K for 401Ks, 18K for 457 plan, 11K for IRAs = 65K.
We are behind therefore we need to max out.
CABob wrote:I would most likely raise my international investments, but, would be nowhere near 75%. Since I earned my money in the US and will be spending my money in the US the US economy affects me the most for better or worse.
livesoft wrote: OTOH, my friends and family are all still working. What's up with that?