What would u do?

Just a random question if somebody had a 50k goverment bond that will mature in 5 years but the person holding the bond got sick and it's 50/50 chance for the person to see the mature date. By cashing the bond now u would lose 10k of the bond meaning u would only get 40k instead of the 50k full mature amount.
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Would u try to wait it out and hope u get better to get the full mature amount or would u cash out the bond and take the penalty on it?

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samueltyler2 · 80-89, M

The rise k benefit has to come into play. Do you "need" that money now?

NYCChick · 31-35, F

@samueltyler2 say the person is getting by but could use the money

samueltyler2 · 80-89, M

@NYCChick again it depends on the degree of need. If the money makes life better than it may be worth it. Then again,the bond owner might be able to use the bond as collateral for a loan. The owner should check with their financial planner.