Quote:
Originally Posted by OrangeBlossomBaby
Depends on your investments.
We had to borrow against ours just to afford our house because of our particular circumstances. If we die together tomorrow, our "estate" won't owe anything to our investments (which are actually insurance policies with nice cash values), and it'll get a house that it owes nothing on. No debt collectors at the door of our next of kin demanding their payment.
We have nothing, but we also owe nothing. I personally feel this is the best option when you're older.
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We were pretty much in the same situation. Not everyone can afford to pay cash to live in TV. But it has been the best move we've ever made.
