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re: How many of you retirees still have a home mortgage (purposefully)? What is your mindset?

Posted on 7/17/21 at 2:20 pm to
Posted by LSUA 75
Colfax,La.
Member since Jan 2019
3708 posts
Posted on 7/17/21 at 2:20 pm to
We had a 15 year mortgage and my wife was adamant we had to pay it off in 10.She even cut her 401-k contribution to 10% from15 to pay it off early.
In hindsight it would have been better to let it go the full 15 years.
We’re doing well financially but we would have done better.But,I guess it is worth it for her peace of mind.
It is somewhat liberating to not have a mortgage,however.
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