In this Mailbag, Jean talks to Alyce about how to pay for home renovations for her special needs daughter and whether it's reasonable to adjust her retirement savings. She and her husband have a home equity line of credit (HELOC) and are concerned about the high interest rate. They also discuss whether they should consider a TSP loan or reduce retirement contributions to pay off the HELOC. 

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Takeaways:

Chapters:

00:00: Introduction

01:44: Alyce's Family and Home Renovation Needs

07:28: Comparing Mortgage and HELOC Rates

11:04: Retirement Savings Overview

18:38: Considering a TSP Loan

21:48: Selling Stock and Brokerage Account

23:33: Final Advice

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