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Reply to "Insane to live off savings?"
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[quote=Anonymous]Good God. What’s insane is the degree to which some people—apparently including you—are wedded to the idea that one should never pay off one’s house and that low-interest-rate mortgages are some kind of manna from heaven. Essentially you’re asking, “Should I permanently live above my means so that I can keep my low-interest mortgage?” I hope others reading this realize all of the second-order effects that come from the decision not to pay off one’s house if one has the means to do so. For me personally, the day I paid off my house was one of the best days of my life and I have not regretted it for one minute.[/quote]
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