Talk of The Villages Florida - View Single Post - Mortgage in Retirement Years?
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Old 12-24-2020, 08:17 AM
davem4616 davem4616 is offline
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We paid off the mortgage (but not the bond) because it's a nice feeling. After the 2008 crash we became very savvy about where we put our money...keeping all our savings in the stock market hoping to get rich is akin to putting it on a table in Las Vegas. We still have some money in the market as a hedge on inflation, but the overwhelming majority is in other vehicles and investments. For us, it's about enjoying our wealth and sharing our wealth...we are well past the era of accumulating wealth.