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DAVE SAYS: Worried about mom and her portfolio

Posted on - The News Herald

Dear Dave,My mom is 75, and I’m the executor of her estate. She has $500,000 in retirement accounts, and the only debt she has is about $70,000 on her mortgage. Most of her money is in the stock market, with only $20,000 in a money market account, and this worries me. She lives well within her means, so am I wrong to be concerned? Also, do you think she should go ahead and pay off her mortgage?Keith Dear Keith, […]