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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 2:39 pm to
Posted by tigersfan1989
Baton Rouge
Member since Oct 2018
1265 posts
Posted on 7/17/21 at 2:39 pm to
The only thing I have to add is some people use holding a mortgage as a sub for bond allocation for retirement as it doesn’t make sense to hold low interest bonds and have a mortgage as your financing a investment in bonds at that point.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 7/17/21 at 3:43 pm to
quote:

some people use holding a mortgage as a sub for bond allocation


Substitute? The bond pays you vs. you pay the mortgage, so how is it a substitute?

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