Just peace of mind I guess. I always wanted to retire with my house paid off.

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Dec 18, 2024
11:33:57am

Windward_Coug All-American

It would cut my overall monthly expenses in half.

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Windward_Coug

Previous username: Eldoradocoug
Bio page: Windward_Coug
Joined: Feb 8, 2011
Last login: Dec 18, 2024
Total posts: 10,388 (27 FO)

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Messages

Author

Time

POLL: Are you planning on having your home paid off by the time you retire?

Bainge

11:00am

Have an amazing interest rate. Still making extra payments. Pay a 30 in 8 yrs.

BleedCougarBlue2

11:03am

😬

Pretorian

11:15am

It is the old argument, is being debt free worth more than making some extra $$

O Gaucho

11:29am

Was one of our personal requirements. It is amazing how much money you can save

O Gaucho

11:06am

I was thinking of withdrawing money from my Roth IRA at age 59.5 to pay off

Windward_Coug

11:09am

My heart says "do it" for peace of mind, but with the current earning power of

Hawk in the 303

11:14am

If you have a low rate, why would you? The Roth will continue to grow and can be

allaboutthegainz

11:23am

Just peace of mind I guess. I always wanted to retire with my house paid off.

Windward_Coug

11:33am

That’s fair. But take emotions out of it and if you have a good rate, it’s

allaboutthegainz

11:43am

Hopefully well before then - just over 10 years left on a 3% 15 year.

XORCoug

11:10am

It's nonsensical that it's even a question for me.

Belboz

11:12am

Kinda?

Xenon

11:13am

That would be dumb. I have 27 years remaining at 1.9%

Biyamiti

11:19am

That's the dream. My current home is at a sub 3% rate but won't be my final home

Bainge

11:25am

Was planning to & could but at 2% w/ 10 yrs left, doesn't make sense.

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