The Problem: Both are 62 years old, approaching retirement 2 years into a 5 year ARM Mortgage at 5.875% rate Over $63,000 debt, average interest rate 23% Not enough EQUITY to refinance high interest rates $2,200 positive cashflow

The Problem: 60 years old, approaching retirement Divorce left her with an Mortgage at 6.875% rate California home dropped 30% in value $2,200 more costs than income (dipping into savings) Savings Nest Egg accounts dropped over 40% Fears of never being able to retire Beach-house rental for grandkids from annual savings Her Needs: STOP the [...]

The Problem: Rebuilding careers after corporate America gave them a

Situation He

Trouble 1 House 2 Incomes 3 Teenagers Late 40′s Big fans of radio financial gurus… Got convinced to aggressively accelerate mortgage elimination Oldest daughter “Troubled Child”

Matt & Liz refinanced their home and put themselves in a position of financial safety. Setup Two incomes One 18-month-old Two ROTH IRAs One growing liquid account for emergencies Two mortgages Implement Home increased in value $80k Refinanced from a 100% Interest-Only to a 90% Option ARM and pulled out $34k Invested cash out: $8k [...]

from How the Affluent Manage Home Equity to Safely and Conservatively Build Wealth Let’s look at Sam and Nick. Both earn $75,000 a year Both have $50,000 in cash Both buy a $250,000 house Nick wants to minimize his mortgage, so he uses his $50,000 in his savings as a down payment and he opts [...]