‘We live on Social Security and pensions’: I’m in my 70s and my house needs repairs. Do I take out a $50K loan — or sell stocks?

“We would like to make some home improvements to the tune of about $50,000 to $60,000.” (Photo subjects are models.) - Getty Images/iStockphoto Dear Quentin, My wife and I are retired. We are in our early 70s. We have close to $1 million in investment accounts, some in IRAs and some in regular accounts. We have $30,000 in an emergency fund. Our house is paid off. We live on Social Security and pensions. We would like to make home improvements to the tune of about $50,000 to $60,000. Should we take money ...