[LakeCleElum]

I know a lot of people that want to retire, but over the years, they've used their home equity like "FREE MONEY".......Vacations, Suv's, Jet ski's, just borrow against the equity.

Now, with the declining housing market, some want to retire, but they owe more than their home than it is worth.....You may be young and figure you'll pay if off in a few years, but it's a dangerous "mind-set" IMO

I paid my 2nd house off by age 26, had payment for only 7 months when I bought my 3rd at age 42. This allowed me to invest and retire at age 51. I owned a few nice sports cars along the way (even a '62 XKE), but I always flipped them in a few years and made money.......