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Author: dc10fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75790  
Subject: House vs. IRA Date: 7/24/2000 9:00 PM
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Dear fellow "retirement" Fools,
I posted a similar question on the main discussion board, and several folks were kind enough to suggest I post here as well for your insight, experience and comments.

We are about to retire. My IRA has just enough money to buy a retirement home outright.

If I took out a 30-year mortgage instead of buying the home with my IRA, would the IRA continue to grow enough to keep up with the interest payments over the 30 year period? In other words, would I run out of money before I ran out of mortgage?

Thanks for your help.
Fool on!!
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