Quote:
Originally Posted by Mattks
Because people who have paid off homes have CC debt and don't invest? Is this from a different thread, or some strange stereotype?.
|
I thought the same thing reading that response
Built my home in 1990 and mortgage was paid off in 1998 when I was age 41. Have absolutely no regrets in doing this especially since my husband died 3 years later, and without a mortgage I was able to remain in my home and manage the taxes and other home ownership expenses on my income alone. In addition as my income grew, without a mortgage I was able to max out my Fed Gov 401K/TSP contributions which will most certainly enhance my retirement financial situation.
To the OP, big contrats on paying off your mortgage
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
