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 "I said we can’t retire yet. Am I wrong?"
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]I retired at 53, while our youngest was basically through college. I wouldn’t have bothered if I still had kids living at home because you’re chained to your house until they’re gone. It’s not like you can take month long trips abroad or something while you still have kids at home. We kept the mortgage. The question isn’t if the mortgage has been paid off - it’s CAN the mortgage be paid off tomorrow if you wanted to. You have to look at your entire portfolio and financial situation holistically - can you generate enough income from your portfolio to comfortably live and pay your bills? If the answer is yes, you can, and that includes paying a mortgage then there’s no problem. In our situation, we budget $20k a month for expenses, which we can comfortably afford based on our portfolio, and $2400 a month of that goes towards the mortgage. What’s the problem?[/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
