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Reply to "I said we can’t retire yet. Am I wrong?"
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[quote=Anonymous][quote=Anonymous]Why does everyone keep insisting that the mortgage needs to be paid off before retiring? I’ve been early retired for 10 years, I’m still not 65, and we still have a mortgage. I could pay it off tomorrow, but it makes no sense to do that financially. It all depends on the interest rate, the tax deductions, and how diverse your overall portfolio is. You are all retirement planning amateurs for focusing so much on mortgages. [/quote] I don’t know why they keep insisting that the mortgage be paid off, but I wouldn’t take financial advice from them. [/quote]
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