What is my Liquid Capital?

Q. What is meant by "Liquid Capital?"

A. This includes all non-borrowed "liquid assets" that can be quickly converted to cash. Examples include:

Q. Is it possible for 401k and IRA assets to be "liquid?"

A. Yes. Set up a tax-deferred trust.Click here for more information.

Q. Can real estate be a "liquid asset?"

A. Yes. If you have a line of credit secured by your equity in real estate, the unused line of credit is a "liquid asset."