Typically, the debt must be paid back upon a borrower’s death or the sale of the home. Reverse mortgages can be risky, ...
Dave Ramsey says he has taken a lot of flak over the years for telling people not to make expensive purchases they want.
An Ohio man weighing how to spend a sizable bonus is getting a blunt piece of financial advice from Dave Ramsey: Stop the ...
He speculated that much of the IRS liability could be tied to the divorce and possibly resolved through other means, ...
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Dave Ramsey’s warning: Don’t tap your 401(k) to pay your mortgage
Withdrawing from a 401(k) before age 59.5 can cost up to 40% in taxes and penalties. $35,000 left in a 401(k) at 5% annual return grows to $57,000 in 10 years. Ramsey advises eliminating car loans and ...
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