Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Home value and retirement planning"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Does the value of your home feature prominently in your retirement planning?[/quote] It features not at all. Our house is worth about $750,000 and it's paid off. We are both 50.[/quote] If course it features. Are you budgeting for a mortgage payment in retirement? [/quote] No, why would I? As you can see from my post, the house is already paid off and we won't need to use any of the equity for living expenses.[/quote] I.e. you won't have to plan for mortgage payments. It features in your planning.[/quote] Isn't that the way it is supposed to work? You pay the mortgage while you are working so that when you retire, it is paid off. Mortgages are for 15-30 years, not 50-75. The only people I know who plan to carry a mortgage in retirement (beyond the first few years) have made poor financial choices along the way. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
