Quote:
Originally Posted by ColdNoMore
'Afford' doesn't necessarily have anything to do with it.
Under your logic and implication that some people can afford to pay off the bond and others can't, also means that same person who can 'afford' to pay off the bond...can also easily afford to pay the interest on it too.
Leaving them with more cash on hand.
What some people seem to be forgetting, is that you're not 30 years old anymore...and planning for your retirement.
How you manage your money at this stage in life, is a whole lot different than when you are planning...to get to this stage of life.
If people do some research, they will see that two of the biggest things affecting retirees...is living longer than expected and expenses not being reduced as much as expected.
Once again though...everyone has to make their own choice.
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No problem - I'm not losing sleep at night over $20G's. Good luck to you.