mech9t5 wrote: ↑Nov 27th, 2018 10:54 am
Remember when you quit working and the mortgage drops off, those expenses go away.
That means you have the exact same lifestyle as when you were working but requiring less money.
When my mortgage is done, it will be as if I got a $50k raise before taxes.
That should accelerate savings/investments. Which is why, typically you are going to save more in the later years of working. Just don't fall into the trap of constantly trading up your house.
+1 again to you mech9t5 for those clear & concise points
makes sense folks