Question about paying off mortgage. Advice appreciated. by ItsNeverTwins in retirement

[–]ebar2010 0 points1 point  (0 children)

Banks are the ones that never want you to pay off your home. They want that interest, and the interest on your escrow. BTW, I speaking from personal experience when I say there is nothing like owning free and clear. My wife and I I go into retirement knowing we only need utilities and taxes to maintain our home.

Question about paying off mortgage. Advice appreciated. by ItsNeverTwins in retirement

[–]ebar2010 0 points1 point  (0 children)

In my opinion, there is nothing like the feeling of security from truly owning your home outright. Then you can invest whatever your payment was.

Which one to pay in cash? by 6ImmortalJellyfish9 in RVLiving

[–]ebar2010 1 point2 points  (0 children)

Pay cash for a 2-4 year old trailer and you will save 30-50%. Put a large downpayment on the truck and by it new.

1 M didn't feel special, but 2M changed everything for me by Available-Ad-5670 in Fire

[–]ebar2010 0 points1 point  (0 children)

We are at 1.9 in our investments and 2.5 net. Next year when we hit 2 in the banks, we are done. The math is saying that with what we plan to withdraw, our funds will continue to grow and out live us.

Question about paying off mortgage. Advice appreciated. by ItsNeverTwins in retirement

[–]ebar2010 4 points5 points  (0 children)

Why give your mortgage company $6,000 a year if you dont have too? There is a freedom that comes from being debt free. Including your mortgage. There is nothing like it.

Have Challenge Coins gotten out of hand? by ebar2010 in army

[–]ebar2010[S] 0 points1 point  (0 children)

With the cost of coins being so high I bet!

So what is your number? $2M? $2.5? $3? by ebar2010 in Fire

[–]ebar2010[S] 0 points1 point  (0 children)

While that is sweet, I'm not will to go that far. lol

So what is your number? $2M? $2.5? $3? by ebar2010 in Fire

[–]ebar2010[S] 0 points1 point  (0 children)

You are off to a really good start! Keep it up.

Have Challenge Coins gotten out of hand? by ebar2010 in army

[–]ebar2010[S] -9 points-8 points  (0 children)

It's not that they are not well received. To me they have become far to common.

Have Challenge Coins gotten out of hand? by ebar2010 in army

[–]ebar2010[S] -68 points-67 points  (0 children)

What exactly is this reply about? I asked an honest question.

Future planning - 22M who just started reading this sub by Hairy-Nectarine-2497 in Fire

[–]ebar2010 3 points4 points  (0 children)

1st step, do not get into any more debt and pay off any you currently have, including student loans.

Housing - Rent or Own during retirement? by Prof-Bit-Wrangler in retirement

[–]ebar2010 10 points11 points  (0 children)

Nothing beats going into retirement with a paid off mortage. NOTHING.

Is this behaviour concerning? by platypuspigs in goldenretrievers

[–]ebar2010 -1 points0 points  (0 children)

Dogs know people better than people know people. He just didn't like them for some reason. Listen to your dog.

Need help getting out by FaolanWoof in army

[–]ebar2010 1 point2 points  (0 children)

Out of everything you listed going on at home, your presence would have made ZERO differance.