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Registered
Join Date: May 2004
Location: Lake Cle Elum - Eastern WA.
Posts: 8,417
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I know of zero people that had the discipline to save the money that would have paid off their mortgage. I paid off my 2nd home at age 26, had a mortgage for 8 months at age 41 when I bought a bigger house in the country.
With the money most were spending on a mortgage, I paid cash when I built my cabin at the lake, paid cash when I build my retirement home (own all 3 now; mortgage free) and put over 400K in IRA and Investments by age 55.....Dunno if I could have done that AND retired at age 52 by paying a mortgage for 30 yrs???
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Bob S.
73.5 911T
1969 911T Coo' pay (one owner)
1960 Mercedes 190SL
1962 XKE Roadster (sold) - 13 motorcycles
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