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re: So how much after taxes a month do you need to live pretty much like you like
Posted on 8/24/18 at 9:53 pm to cgrand
Posted on 8/24/18 at 9:53 pm to cgrand
quote:
eliminate expenses and I can work within the income
I’m not sure how that’s an imprudent financial decision but different strokes for different folks I guess
Most people feel the same, but I'd you're sitting at sub 4% rates on a mortgage, cash flowing the payments and investing the excess is likely to prove profitable over a long enough period. If you've got 5 years or less on the mortgage, it's probably prudent to pay it off. If you've got 25 years left, investing and cash flow is probably more prudent.
Posted on 8/24/18 at 10:18 pm to slackster
if you and your spouse are retired as the OP says and you have a 25 year note than you’ve failed in your estate planning
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