Reply to If you were to inherit $2 million, would you pay off the remaining $150k of your very low interest mortgage?

Forum Index » Money and Finances

Reply to "If you were to inherit $2 million, would you pay off the remaining $150k of your very low interest mortgage?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DH and I inherited $3M in 2021 after having just refinanced our $750K mortgage into a 2.4% 30-year fixed. [b]We donated half of it to charity (as I assume you did as well, OP)[/b], which left us with $1.5M. We used half of that to pay off our mortgage so that we have no debt of any kind. The remaining $750K was invested in the stock market and we now have almost $3M again…plus no debt and the satisfaction of having donated $1.5M to help those less fortunate than us. [/quote]

Why do you assume that OP donated half of their inheritance to charity? I certainly wouldn't. [/quote]

Because only a selfish and greedy person receives a gift without paying some of it forward. This is common etiquette and integrity – sounds like you possess neither. [/quote]PP here.

You sound like a nut! It wasn't a gift, it was an inheritance. That means that someone who worked hard and left the money trusted someone to make good use of it, and to help them with their journey in life. I would try my best to not waste it, but giving half of it away to a charity wouldn't be on my agenda. Half is a very significant amount.

You don't know me, so get off your high horse with your nonsense about telling me that that possess neither etiquette or integrity.[/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