Written by Your 5News Team
Last updated on September 06, 2012 @ 7:36PM
Created on September 06, 2012 @ 6:05PM
On this edition of Your Money with Beacon Wealth Management, we will answer: If I sell my house and buy a condo in Florida, should I pay cash for the condo or stock some money away and get a mortgage since the interest would be so low? It would be great to use the cash to do some travel in my retirement.
Disclosures: Beacon Wealth Management, 607 E. Pike St., Clarksburg, WV 26301, 304.626.3900. Securities offered through Sammons Securities Company LLC; Member FINRA/SIPC. Please check with your tax advisor before making any decisions. This tax information is not intended or written to be used, and cannot be used, by the recipient to avoid any federal tax penalty that may be imposed on the recipient. This material is provided for informational purposes only and should not be construed as tax advice. Please consult your tax advisor for advice regarding your personal tax situation.
You must have an active WDTV.COM user account to post comments. Please login
to your account, or create
your free account today!