Pay Off Your Mortgage Quicker or Invest? It’s Tennis TIME!!!


People of all ages and wealth are making it a priority to pay off their mortgage first and that made a lot of sense when interest rates were 10% or more But in today's low interest rate environment it MAY Not be the BEST USE OF YOUR MONEY If you've done a full financial plan and you don't have enough retirement assets the BEST USE OF YOUR MONEY is to increase your retirement assets

What you don't want to happen is to enter retirement mortgage free and not have enough retirement assets to sustain your lifestyle The logic behind this is mortgage rates are low right now between 2 and 4 percent A Balanced Fund is yielding you between 6 and 8 percent So the difference between those two numbers is what confirms that contributing to your retirement assets instead of paying off your mortgage first is THE BEST USE OF MONEY Sometime it's smart to pay off your mortgage and sometime it's not My PLAN is complete

My mortgage is working for me It's TIME to practice my ace!

Source: Youtube


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AJ

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