Quote:
Originally Posted by roob1
Assuming you have current and continued solid financial solvency, and could own your residence outright with no financial impact on your lifestyle:
Given low mortgage rates 2.5%-3.5%, how would you feel about holding a mortgage on your residence in your retirement years?
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We decided to carry a mortgage at these low rates because investment returns are generally higher. The caveat - the cash you would have used to pay off the mortgage (and the Bond?) must be invested and not spent.