Re: Looking for opinions on paying down mortgage - Saab General Bulletin Board - Saabnet.com
The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
4/9 Saab Owners' Convention Day Pass Raffle |
3/26 M Car Covers (by State of Nine)
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
I am 62 and my wife is 66. Many years ago we decided we did not want to take a mortgage into retirement, refinanced to a 15 year, and paid off the house 2 years ago. There's plenty of good advice above on the cheap money aspect, leveraging, investing vs. paying off, etc. You should consider all of that. However, I will say that it is extremely comforting to own your house out right. I am also now investing all of my former mortgage cost into the market and really racking up our IRA balances very quickly. I sleep very well at night knowing that if I lose my job or all hell breaks loose, I will not lose my home. Paying it off early was one of the more satisfying financial moments of my life.
Posts in this Thread:
- Looking for opinions on paying down mortgage, Sam, Tue, 2 Feb 2021 08:42:41
- Re: Looking for opinions on paying down mortgage, DaveofFairfax , Thu, 11 Feb 2021 14:27:20
- Re: Looking for opinions on paying down mortgage, Randy Thatcher , Thu, 11 Feb 2021 13:40:151
- Re: Looking for opinions on paying down mortgage, Notnoel , Thu, 11 Feb 2021 10:13:57 <-- Viewing This Message2
- Re: Looking for opinions on paying down mortgage, Cary, Wed, 10 Feb 2021 16:03:18
- Re: Looking for opinions on paying down mortgage, Roger_S , Wed, 3 Feb 2021 10:50:00
- Thanks! Appreciate the input. n/m, Sam, Tue, 2 Feb 2021 16:23:11
- Re: Looking for opinions on paying down mortgage, Scott Paterson , Tue, 2 Feb 2021 11:37:40
- Re: Looking for opinions on paying down mortgage, JerseySaab , Tue, 2 Feb 2021 11:07:111
- Re: Looking for opinions on paying down mortgage., EGD , Tue, 2 Feb 2021 11:04:41
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
|
SaabClub.com
|
Jak Stoll Performance
|
M Car Covers
|
Ad Available
|
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!