You're listening to Ramsay every day millionaires or we talk retirement, building wealth,

and outrageous generosity.

James is with us in Phoenix.

Hey James, welcome to the Ramsay Show.

Hi Dave, clearly an honor to speak with you.

You too, what's up?

Well, my wife and I are 60 now and so we've really, you've been an inspiration to it in

so many ways.

And so we've had two cars and we got paid off, so we have no car payments.

We've just rep financed our house and we dropped it two whole points down to 1.875.

Right.

On a 30 year note, I did that on purpose so that if something happened because we are

older, that it had a cushion.

So that's really helped us.

But our question is, is you know, the housing market is just exploded out here anyway

in Phoenix.

And so we now find ourselves with about $230,000 in equity.

So we're wondering, you know, like I would love to get my hands on that equity because

it's not my money till it's my money.

So if the market were to crash and I'd be back to wherever we were, so our question is,

is how in your opinion, how do we draw out that equity and not put ourselves in way more

debt again, you know?

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