Tom (caller)
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So you're not in a position to know.
15-year fixed with 2%.
Thank you, George and Christina.
I've just got a question.
We're in our late 60s.
We were behind in our retirement savings.
We only have about $100,000 in deferred comp and
retirement accounts and wondering if it makes sense to take advantage of the catch-up provisions in my deferred comp to exceed the 15% for the next three years before retirement at the expense of maybe not paying off the house quite before we get to retirement.
Two or three more years.
And I should say that we're committed to selling the house when we retire.
Yeah.
We pick a house for us in retirement.
Oh, probably close to half a million dollars.
I'm in California.
Okay.
Probably another 10%.
Okay.
Yes.
My contribution limit for deferred comp is $45,000 and I could hit that.
No, we plan to move near our children and they're in a lower cost state.