Jade Warshaw

And just using your 600 grand, if you needed to pull 24 grand a year from retirement, you have a 99.2% success rate.

And that's not counting the antiques, the money.

So

Mathematically, you're okay.

And I would have her and you sit down with a SmartVestor Pro to actually show her these projections, to show her just how small of a chance there is of failure with these numbers.

Now, if you ramp it up, they'll show you, hey, if you ramp it up to 36 instead of 24, you could run into problems if you guys live to be 100.

And then you guys can have actual facts instead of – right now it's just all emotion, right?

What's the mortgage payment every month?

Okay.

I was just wondering if there was a compromise here where you said, hey, we're going to sell off some of the antiques, pay off the mortgage, that'll free up $700.

Would that make you feel better about us loosening the purse strings a little bit and enjoying our retirement?

There's security in owning your own home free and clear, not the bank owning it.

Right, right.

Let her pay the insurance and taxes and she can have a field day.

But if she's worried about money and she's also saying, I want to keep my $700 payment, well, now we have two conflicting opinions.

Do you want to keep the interest rate or do you want to enjoy retirement?

Yes.

I vote for enjoying retirement because the truth is, Neil, you're 75.

I hope you guys live to 100, but we don't know what the future holds.

And some people hoard the money and go, well, when we're 80, we'll enjoy it.