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Money and Finances
Reply to "A nice problem to have "
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[quote=Anonymous]Will you be applying for college financial aid? If so, many schools don’t count home equity but do count money/financial assets in non-retirement accounts. If you payoff the home, you have both peace of mind and an increased chance of financial aid. You might want to run several net price calculators on college websites of schools that interest your kids and try various inputs to see if different approaches to allocating your windfall make any difference for financial aid. [/quote]
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