Title of Document
Prepared for: Client Name
Prepared by: Dr Babara Walker-Green
Financial Comparison: Immediate Move vs 5-Year Delay
Immediate Sale (Age 59)
HIGH RISK
Lose $140K salary immediately
$3,000-5,000 monthly shortfall
College crisis during lowest income
5-Year Delay (Age 63/64)
LOW RISK
Keep salary through college years
$840,856 better financial position
Strong retirement foundation
Immediate Sale Impact
-$840,856
Total financial disadvantage
Lost Salary
$700,000
5 years of earnings
Lost 401k Growth
$103,375
Additional retirement savings
Home Appreciation
+$37,481
Additional equity in 5 years
| Age | IMMEDIATE SALE SCENARIO | 5-YEAR DELAY SCENARIO | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Income | Total Expenses | Monthly Flow | Annual Flow | Cumulative | Status | Total Income | Total Expenses | Monthly Flow | Annual Flow | Cumulative | Status | |
Key Insights from Comparison:
- Financial Impact: Waiting 5 years results in $840,856 better financial position
- College Timing: 5-year delay allows paying college costs from salary instead of savings
- Retirement Security: Delay scenario provides strong 401k and preserved home proceeds
- Risk Management: Immediate sale creates sustained financial crisis; delay creates smooth transition
- Richmond Housing: Rent increases make Richmond more expensive than current home after age 65
- Bottom Line: The 5-year delay transforms a high-risk financial crisis into a well-funded retirement transition