Nancy from Las Vegas
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Wow, well, that sounds pretty good. In a paid-for house.
Wow, well, that sounds pretty good. In a paid-for house.
I mean, that's... I mean, mid-80s, I know, I know. I mean, I'm a really young 70, but mid-80s, that's a ways away.
I mean, that's... I mean, mid-80s, I know, I know. I mean, I'm a really young 70, but mid-80s, that's a ways away.
Hi, Dave, and thank you for taking my call, and it's such a pleasure to speak with you.
Hi, Dave, and thank you for taking my call, and it's such a pleasure to speak with you.
Well, I recently won $200,000, a little over, on a game show. Wow. And I'm 70 years old. That's more money than I've ever had.
Well, I recently won $200,000, a little over, on a game show. Wow. And I'm 70 years old. That's more money than I've ever had.
The game show was called Snake Oil with David Spade. It was just on for one season. Oh, my gosh. Very fun.
The game show was called Snake Oil with David Spade. It was just on for one season. Oh, my gosh. Very fun.
Yes, I have. And that was approximately $55,000. It was California taxes, and it's pretty expensive.
Yes, I have. And that was approximately $55,000. It was California taxes, and it's pretty expensive.
Okay, all right.
Okay, all right.
So, Dave, that's what I want to know. I'm not sure what to do. I'm 70 years old and basically retired. We're retired, my husband and I, and I work very part-time and so does my husband because we're still able to and we fill up to it. And right now I have the money. I have actually a little over $200,000 in a money market, which is about...
So, Dave, that's what I want to know. I'm not sure what to do. I'm 70 years old and basically retired. We're retired, my husband and I, and I work very part-time and so does my husband because we're still able to and we fill up to it. And right now I have the money. I have actually a little over $200,000 in a money market, which is about...
a pretty good interest rate 5.5 so um i and then we recently downsized and i owe about 85 000 still on our house and i'm not sure if we should pay the house up i i you know i love just 200 your entire nest egg Yes, besides the equity in our house.
a pretty good interest rate 5.5 so um i and then we recently downsized and i owe about 85 000 still on our house and i'm not sure if we should pay the house up i i you know i love just 200 your entire nest egg Yes, besides the equity in our house.
We just have Social Security, and between two of us, that's about $4,500.
We just have Social Security, and between two of us, that's about $4,500.
Gosh. I don't actually know. That's terrible. I don't know exactly.
Gosh. I don't actually know. That's terrible. I don't know exactly.
Yes. Well, we both work part-time, too. I make very little money working a part-time job. If I'm lucky, I make $600 a month. It's just kind of a fun thing I do. And then my husband makes a couple thousand extra working part-time besides our Social Security job. And of course, we're not going to be able to do that for, you know, ever. Seems as though we're in our 70s.
Yes. Well, we both work part-time, too. I make very little money working a part-time job. If I'm lucky, I make $600 a month. It's just kind of a fun thing I do. And then my husband makes a couple thousand extra working part-time besides our Social Security job. And of course, we're not going to be able to do that for, you know, ever. Seems as though we're in our 70s.
It's about $756 a month. Okay. It is $756 a month. Yep, yep.
It's about $756 a month. Okay. It is $756 a month. Yep, yep.
Because that's $1,500 is $18,000 a year plus growth.
Because that's $1,500 is $18,000 a year plus growth.
Wow, well, that sounds pretty good. In a paid-for house.
I mean, that's... I mean, mid-80s, I know, I know. I mean, I'm a really young 70, but mid-80s, that's a ways away.
Hi, Dave, and thank you for taking my call, and it's such a pleasure to speak with you.
Well, I recently won $200,000, a little over, on a game show. Wow. And I'm 70 years old. That's more money than I've ever had.
The game show was called Snake Oil with David Spade. It was just on for one season. Oh, my gosh. Very fun.
Yes, I have. And that was approximately $55,000. It was California taxes, and it's pretty expensive.
Okay, all right.
So, Dave, that's what I want to know. I'm not sure what to do. I'm 70 years old and basically retired. We're retired, my husband and I, and I work very part-time and so does my husband because we're still able to and we fill up to it. And right now I have the money. I have actually a little over $200,000 in a money market, which is about...
a pretty good interest rate 5.5 so um i and then we recently downsized and i owe about 85 000 still on our house and i'm not sure if we should pay the house up i i you know i love just 200 your entire nest egg Yes, besides the equity in our house.
We just have Social Security, and between two of us, that's about $4,500.
Gosh. I don't actually know. That's terrible. I don't know exactly.
Yes. Well, we both work part-time, too. I make very little money working a part-time job. If I'm lucky, I make $600 a month. It's just kind of a fun thing I do. And then my husband makes a couple thousand extra working part-time besides our Social Security job. And of course, we're not going to be able to do that for, you know, ever. Seems as though we're in our 70s.
It's about $756 a month. Okay. It is $756 a month. Yep, yep.
Because that's $1,500 is $18,000 a year plus growth.