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Old 09-02-2017, 03:41 PM
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Honestly curious why do you ask whether do you need to liquidate and am doing well?

Perhaps you have given the full story about yourself, like are you retiring, sick, no saving, wife maintenence, no passive rental income despite having 4 properties, etc.

Otherwise common people would think that such high income of $350K should able to continue to support the loan. Why bother to think how such person is doing compare to a person that is 60yo earning $35K and has outstanding loan which would require advise rather than an airline pilot.

Quote:
Originally Posted by rj1915 View Post
60 Y/O
Airline Pilot
350k per annum
PROPERTIES
Landed house with bank valuation of $5m ($1m loan left)
1 condo worth $1m fully paid
1 condo worth $1m (600k loan left)
1 condo worth $1m (700k loan left)
Can someone tell me how am i doing?
honest opinions and advice if i should liquidate assets as well
thanks
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