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Reply to "Need advice on what to do about mortgage"
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[quote=Anonymous]I would sell the fallback house and cut expenses where you can so you don't have to use much of the proceeds for everyday living expenses. If you pulled out $1,000/month, that $300k net could pay for 25 years of $1,000/month withdrawals. And you never know what might happen in the next 5-10 years that might make it unnecessary. Are your parents able to help with the mortgage at all, or are they basically dependent on you?[/quote]
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