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Reply to "Can I refinance?"
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[quote=Anonymous][quote=Anonymous]As a comparison, I am 50, we have at least $2.5 million saved for retirement, and refied both mortgages to 15 years so that we have them fully paid off a few years before age 65. Our total mortgages are $600k against home value of about $2 million (so value probably not too different from yours). And I am nervous about having enough for retirement and am ramping up our savings substantially.[/quote] If you feel insecure with the savings you have achieved you have a problem and it is not a financial one but something that runs a lot deeper. Is there any amount of savings that would cause you to feel comfortable? Do you have any idea of what the vast majority of Americans have in the way of savings when they retire? It is a lot less than you do and most live perfectly normal and comfortable lives. [/quote]
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