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We are, we've worked very hard to get where we're at and we're very comfortable with what we're planning for retirement.

We're very comfortable with our financial advisor. But I have one concern that he's got me, a plan that he's got for me.

And we are going to put an addition on our house next spring.

So we're planning to spend about $100 to $120,000 to do that.

Now, my plan was just kind of take that off the top of our 401k and our savings and make that,

do the addition.

What he's suggesting, and he gave me, I guess, good reasons,

is he suggesting that I take out like a HELOC or a home equity loan to do this project,

and he said, well, chunk it away pretty quick, but he said there's reasons for that.

First of all, I'll be paying a lower interest rate than he can make me, and that's arguable.

The second thing he said was it is definitely a tax write-off.

And the third thing was the fact that it'll save me $20,000-plus thousand dollars next year in taxes

because of the tax bracket that he's aligning us with.

And it just is very hard for me to think about going into debt immediately as I retire. Well, yeah, 100% because is he, what, where is he planning on having you guys pay off the HELOC? When he said you can throw a bunch of, like a bunch of money at it, is he thinking just a little bit every year so that you don't mess up the taxes and all of it. Yeah, he's saying, we'll chunk it away. And I don't know how relevant chunk it away is if it's a year or five years, but he said, we'll just make a monthly payment on it. And again, that it'll give us a tax advantage. It'll save us taxes and all this, which all kind of makes sense. But dang, I just got myself 40 years of work to get out of debt and retire,

and then just thinking about going back to the debt just kind of scares me.

Well, some financial advisors are so stupid. They don't even think about your values and what

you want out of life. And clearly, living a debt-free life has a price tag for you.

You know, you can't put a price on it, but, you know, it's a value of yours that he's not putting into any consideration. And so as he goes around, but so Michael, yeah, so no, I would not do this. I would 100% just cash flow it. And if the cash flow comes out of, I don't know if it's the 401k, if you guys have money elsewhere, But you have the ability to cash flow, right, Dan? Yeah, yeah. We got a set amount that we're going into retirement with that we're comfortable with and it's going to last this long beyond our retirement. Yeah. And just thinking of taking 100 or 120 right off the top of that and doing the addition was my plan. Yes. Well, let's just put your plan.

He offered a suggestion.

Yeah.

I want to put your plan to the test, not his suggestion.

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