Re: minimum income
I tend to agree with Muscle. Our financial person more or less said the same thing. Having a small mortgage (if you can afford it of course) gives you more cash and lets face it, for those of us with kids or relatives, they get the house when we pass on anyway. They can pay off the mortgage with the sale of the house.
Having more money in your investments makes sense - you can withdraw from your investments - how do you do that with a mortgage free home. It only works if you sell it and for us, we hope, TV is going to be our last home.
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Tewksbury, MA<br />Naperville, IL<br />The Villages
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