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Press Telegram in Long Beach, California

27 Feb 1973

Page 11

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Newspaper

Press Telegram

Location

Long Beach, California, United States of America

Date

Feb 27, 1973

Page

11

Financial planning query on retirement and housing options

A reader outlines a complex financial situation with a paid-off home valued at 442000, savings of 3000, 1000 in investments, life insurance for 17000, and a retirement plan from a husband earning 16000 yearly. They ask whether to sell the house and buy a new one or reinvest leftover cash, seeking guidance on maintaining income for two teenagers and planning after retirement while preserving family wealth.

MENTIONED IN THIS ARTICLE

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Financial Planning and Home Debt Advice

The writer suggests refinancing to reduce equity to about 20,000 and using 5,000 of the 22,000 savings certificates to fund a no load mutual fund. The plan aims to improve retirement comfort and prepare for future college expenses while noting a mortgage can feel satisfying yet unproductive financially. They also request information on coin values due to a misprint on a 1944 penny and lack of references in coin catalogs.

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Counter Losing Prices and Corporate Energy Markers

Fragmented OCR text lists various company-like terms such as Macrodata Corp and Van Waeditvanmi Energy with unclear associations. The readable elements hint at price declines or market notes, but concrete events, dates, or outcomes are not established in the fragment. Further readable context is needed to produce a precise summary.

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Also Mentioned on This Page

Daily Investor Mondag’s
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