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Ask an Advisor: Our Retirement Fund is Losing Money Should We Use It to Pay Off Our Mortgage and Make $20k in Home Improvements?

Should we take out money from our retirement investment fund to pay off our home loan and make improvements? Retirement fund is losing money and home values are going up. The fund is around $85,000-$90000. The balance on our home is $34,000 and we want to make $20,000 in improvements. We are both retired and […] The post Ask an Advisor: Our Retirement Fund is Losing Money. Should We Use It to Pay Off Our Mortgage and Make $20k in Home Improvements? appeared first on SmartReads by SmartAsset.

Ask an Advisor: I m 73 and My 401(k) Hasn t Been Doing Well Should I Withdraw My Money and Invest in CDs?

I'm 73 and my 401(k) hasn't been doing well for the last few years. Would it be a good idea for me to withdraw my money from my 401(k) and pay the tax that I will have to pay eventually anyway, and then invest the rest of my money in CDs? -Archie Your desire for […] The post Ask an Advisor: I'm 73 and My 401(k) ‘Hasn't Been Doing Well.’ Should I Withdraw My Money and Invest in CDs? appeared first on SmartReads by SmartAsset.

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