[island911]

The mistake people always make is in thinking that they know what future dollars will be worth. --how easy (or difficult) will future dollars come?

I always reflect on the early 80's when I asked an older (successful) guy why he hadn't paid off his home loan. He said; because the loan is only 3.5% (vastly under inflation).

Here we are now - my, how times have changed-- where we are in deflationary times. ...where a few percentage points should be added to your mortgage, to more accurately reflect the cost.

Of course, inflation will likely come back. ... right around the time that boomers all start living off of savings. :-/