- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Am I early retirement ready? Updated
Posted on 7/29/18 at 2:26 am to its1999
Posted on 7/29/18 at 2:26 am to its1999
quote:Right. Home loans have the advantage of an interest tax write-off as well, at least up to a point. So a low rate mortgage can essentially serve as low-cost leverage money plus function as an inflation hedge. Needless to say though, that assumes the portfolio is not sitting with large cash positions.
I'm way too conservative but I wouldn't call myself retirement ready if I had a mortgage. Getting rid of a mortgage is my first requirement.
I think the way I look at it, a mortgage is currently around-- 3.85%?
1
Posted on 8/7/18 at 5:36 am to NC_Tigah
quote:
Right. Home loans have the advantage of an interest tax write-off as well, at least up to a point. So a low rate mortgage can essentially serve as low-cost leverage money plus function as an inflation hedge. Needless to say though, that assumes the portfolio is not sitting with large cash positions.
Few people will be able to get any tax advantage from their mortgage with the new $24k standard deduction... The OP definitely won't. Also mortgage rates have come up... I would compare your return to 10 year Treasury bond yields... The stock market can easily fall by 50% and stay there for an extended period of time.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News