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Author: Watty56 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: When can I retire? Date: 10/6/2007 3:45 PM
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...Real Estate investments: in 15 years, conservatively can sell or refinance to cash out approximately $300,000...

So what is that worth today and does it generated any income or cost you anything now?

If that is your home, then I normally wouldn't count as a retirement investment but instead as a non-retirement asset.

..2) What can I do with the $62,000...

Pay off the car loan(unless it is a low interest loan) and plan on paying cash for your next car. At your age and income level, car loans are a red flag that something isn’t right. Even the low interest car loans are usually instead of a cash rebate or a better price. In addition to saving on the interest, when you pay cash for a car you will tend to spend less and enjoy making your old car last a bit longer.

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