Be Careful When Cashing Out a Retirement Account to Pay off Debt

It’s tempting to dip into retirement savings when you’ve got a large debt to pay off. That retirement money is sitting there in one large chunk, and you know that it’s supposed to be used for many years’ worth of retirement income, but it’s also painful to let debts linger.  The monthly payments might be […]

To Accelerate, or Just to Depreciate?

Here’s a story about a little mental game I played while doing my taxes this year.  I ended up doing something that might not make the most sense financially (that is, mathematically, it may not be the optimal choice), but felt like the right thing to do.  Although we all do these things from time […]