We're going to revisit home, kind of dip back into some of these home-buying home ownership questions.

Joe Ash D has a question. He says, if my wife and I liquidate all assets except retirement,

which is around 40K, we could buy our first home in cash for 300K.

Should we consider this or take on a mortgage?

We are 30 and 33 for some context.

All right, I want to make sure I understand the context of this question.

If we liquidate all of our assets except for retirement.

So what he's saying is what he'll have left over is $40,000 in the retirement.

That means he's going to liquidate $300,000, right? That's the value of the

home that he's talking about. And Joe Ash says that he and his spouse for 30 and 33.

Here's the very first thing that I want you to do.

I want you to go to moneyguide.com slash resources

and I want you to check out our wealth multiplier calculator.

And I want you to take that money

that you're talking about liquidating, that $300,000,

and I want you to put in age 30 or 33

or you can meet in the middle and do 31 and a half or 32 you can figure out the number.

And I want you to see what that $300,000 has the potential to turn into by the time that

you get to retirement because as much as we love being debt free and as much as

we love having paid for assets especially paid for appreciating assets you have to

answer the question do we love it at what cost do we love those things

and I'm nervous for someone so young liquidating money that's working for them

...