I've recently rebuilt a wooden porch with pressure-treated pine. At first, I stained the boards with white Sherwin-Williams stain, but after only a few months it's showing footprints. Should I restain or paint over the stain with paint. If paint, what kind? Enamel?
Couple (M66, F64) have been working on a government contract for the past 8 years or so. As we suspected, the contract has been awarded elsewhere. The last time we were both unemployed, it took many many months to find employment. Agism in interviews is overt.
Assuming that it could take up to 12 months to find gainful employment and that we could not easily match our current income, what do we do?
We have 100K in cash, 200K in a 401(k) and about 400K in home equity.
We could pay the remaining 365K mortgage and live off the pittance supplied by Social Security, create a new income stream from a few side hustles.
Or we could invest 300K in a quarterly-paying instrument and try to live on the interest plus SS.
Do you have any advice?