Answer to Question #140701 in Finance for Sarah Brooks

Question #140701
Jimmy hopes that the money from his retirement funds plus what he makes on the sale of his current house when he is 65, will be enough to allow him to buy the retirement home. Can this goal be realized?
1
Expert's answer
2020-11-17T12:07:04-0500

Well,it can be achieved if he is close to 65 years old and has communicated with the seller to pay at a certain date.

It cannot be achieved if Jimmy is not anywhere close to 65 years old since things change financially hence this house might change price and be at a higher price than he expected.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS