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70M : use 401k to pay off 2 debts?
70M : use 401k to pay off 2 debts? Hi all, I’m posting on behalf of my FIL (70M). He is in Michigan. He retired a few months ago, and is adjusting to life on Social Security. Income (after BCBS Medicare): $1987 per month 401k balance: $32,157 Cash in Checking/Savings: $3275 He has 2 debts that stress him out:
Orkin Termite control $160 per month from July 2024-July 2025 (he pur...
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