Ask Terry Questions Time to recover from potential stock market decline

Time to recover from potential stock market decline

By Terry Savage on August 15, 2019 | Financial Planning / Retirement

Hi Terry,
I agree that it’s been a good long run for stocks. I am 71 and owe $15,000 on a home equity loan. I’m considering taking money out of my equities or Roth as I’m not sure I have 10 years to wait for a rebound. What is your opinion considering my age? Thank you

Terry Says

I think it would feel good to be without any debt at age 71!

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