Welcome to the Jill on Money Show. It's Thursday, October 16th. And we are here trying to guide you along your financial journey. I've often thought about this program as like the ways, the Google Maps for your money. And the reason is that there are a lot of different ways and routes to get where you would like to go.

You usually have to kind of let us know where you are today and then let us know what the destination's going to be.

And then maybe we can craft different ways to get there.

And this requires you to do a tiny bit of work.

You go to our website, Jillonmoney.com.

You click the contact us button, which is in the upper right hand corner of the site, you write us a note. If you would like to join us on the air, you check the box. If, however, you just want to write your note and make it an email, that's fine too. We do email shows. Today is one of them, as a matter of fact. So let's get started.

This is such a unique name that I'm just going to call this person, Jay, who writes,

I'm a 51-year-old woman who has not worked since 2012.

Wow.

Okay.

After losing several close family members, my parents at age 65, my husband at 59, oh my God, this is terrible. My youngest sister at 42, I decided to live more simply and focus on my family. Today, I live on about $40,000 a year supporting my 17-year-old niece and 10-year-old nephew, both legally adopted.

Okay, here's the snapshot.

Pay attention, Mark.

Primary home is worth $900,000, no mortgage.

And after $100,000 in repairs and updates, I could rent it for about $3,500 to $3,500 a month.

Rental property worth $450,000, a mortgage of $250,000 at 2.75%.

And this rent is $2,250 after management fees. Okay. The brokerage account, a half a million dollars, which

generates about $2,200 in dividends after tax, retirement accounts, $150,000 for me, $350,000 inherited from my husband, an annuity, which pays $10,000 annually guaranteed.

The challenge. I need $200,000 in cash, 100 for repairs for my primary, and 100 to build a modest home overseas. Okay. Question. Where should I free up

this 200 grand? One, pull from my brokerage account, risking reduced growth and dividends. Use the

annuity, which gives guaranteed lifetime income. Tap into my primary home's equity through either a home equity line of credit

or a refi, what would make the most financial sense for my immediate cash needs while keeping

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