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Reply to "If you don't have a 15 year mortgage, you're living beyond your means?"
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[quote=Anonymous]We paid off our home 15 years ago, have always lived well below our means, aggressively invested in high dividend stocks and funds. Fast forward to now, no debt at all (own home in DMV, condo in SC, 35 ft sailboat). Pension plus about $120,000 in dividends estimated this year. Only 54, so still have to wait until 59.5 to tap retirement accounts. Paying off mortgage and investing in stock market for past 30 years worked for us. YMMV. [/quote]
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