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Only debt is mortgage on a 15 year fixed that I throw extra at, should have house paid off in about 2-3 years (have only been in the house 1 year). So well before I am 50 will be debt free. I don't understand the concept of using debt to fund investments. What if as mentioned earlier in this thread your health turns, you become unemployed or something else happens? How clever was your investment plan then? Plus being debt free or like in my case only your house payment you can do some really cool stuff like my wife and I did a few weeks ago. When it was time to get her a new (used) car we were able to donate our old and still very good car to someone at our church. The best feeling in the world to totally change someone else's life. I will never go back into debt and trust me had been in plenty of it in the past.
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