Big picture - you have solid tax-advantaged savings for your age cohort and great pensions assuming nothing changes in the future.
What is your current mortgage rate? I didn't see that. If you've been in the house a while, I'd assume you refinance during historical low rates a few years ago. If not, a cash-out refi might be an option to consider versus HELOC in you aren't able to/intending to pay off the HELOC sooner than later.
It also doesn't need to be an either/either proposition... Consider selling some taxable to fund the projects (while maintaining healthy reserve balance) and then some type of loan for the balance. At least for me, it would be psychologically comforting knowing I'm selling equities at market highs to fund my project.
What is your current mortgage rate? I didn't see that. If you've been in the house a while, I'd assume you refinance during historical low rates a few years ago. If not, a cash-out refi might be an option to consider versus HELOC in you aren't able to/intending to pay off the HELOC sooner than later.
It also doesn't need to be an either/either proposition... Consider selling some taxable to fund the projects (while maintaining healthy reserve balance) and then some type of loan for the balance. At least for me, it would be psychologically comforting knowing I'm selling equities at market highs to fund my project.
Statistics: Posted by professor_americus — Mon Feb 02, 2026 1:07 pm — Replies 20 — Views 1102