Quote:
Originally Posted by DianeM
Maybe it's just me but I would prefer to have my residence paid for and then not have to worry about a mortgage payment.
|
I agree, I would never get a mortgage if I have the cash to pay for the home, just doesn't make sense to me. It depends on your benefit from SS. My wife and I combined get about $3K we could certainly live here without a mortgage. Also if you are in good health you could also pick up a part time job 10 or 20 hours a week to supplement your SS