My wife and I are in our late 60s. Do I sell stocks to pay our $30,000 credit-card debt — or do it gradually over 3 years?
Key Takeaways
“We have around $375,000 in investments in mutual funds and stocks with Morgan Stanley.”
Article Overview
Quick insights and key information
2 min read
Estimated completion
investment
Article classification
July 3, 2025
02:05 PM
MarketWatch
Original publisher
Advanced ➔ Results The MoneyistMy wife and I are in our late 60s
Do I sell stocks to pay our $30,000 credit-card debt — or do it gradually over 3 years. ‘We have around $375,000 in investments in mutual funds and stocks with Morgan Stanley’Last d: July 3, 2025 at 10:05 a
ETFirst Published: July 1, 2025 at 11:11 a
ETResizeListen(6 min)“We own our — it’s worth around $750,000, and we owe $450,000
Our monthly cost for the house is $2,550. ” (Photo subjects are models. ) Photo: Getty Images/iStockphotoDear Quentin,I’m 67 and my wife is 66, and we would to retire at age 70
We own our — it’s worth around $750,000, and we owe $450,000
Our monthly cost for the house is $2,550, which includes mortgage, insurance, taxes and HOA fees
We have around $375,000 in investments in mutual funds and stocks with Morgan Stanley MS
The Author Quentin FottrellQuentin Fottrell is MarketWatch's Managing Editor-Advice and The Moneyist columnist
You can him on Twitter @quantanamo
Show Conversation (0)Back To TopCopyright © 2025 MarketWatch, Inc
Terms of Use DPrivacy NoticeCookie Notice MarketWatchCustomer Center UsNewsroom RosterVirtual Stock ExchangeMarketWatch GuidesCopyright PolicyManage NotificationsCancel My SubscriptionCompanyDow JonesCode of ConductCorrectionsRes & LicensingDigital Self ServiceYour Ad ChoicesCorporate SubscriptionsAccessibilityDow Jones NetworkThe Wall Street JournalBarron'sInvestor's DailyBigChartsFinancial News Londonrealtor
ComMansion GlobalDow Jones Smart MoneyIntraday Data vided by FACTSET and subject to terms of use
Historical and current end-of-day data vided by FACTSET
All quotes are in local exchange time
Real-time last sale data for U
Stock quotes reflect trades reported through Nasdaq only
Intraday data delayed at least 15 minutes or per exchange requirements.
Related Articles
More insights from FinancialBooklet