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[email protected] WayneBatrecdotboats@hotmail.com is offline
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First recorded activity by BoatBanter: Jun 2013
Posts: 2,650
Default It's tough being filthy rich...

On Tue, 21 Nov 2017 11:17:22 -0500, wrote:

Normal people should not be going into retirement with debt unless
they have the liquid assets to pay that debt off ... and that is rare.

Personally I like the idea that I can cut back on the luxuries I pay
cash for and live very cheap if I need to because I don't owe anyone
any money.


===

Everyone's situation is different. I have no problem carrying debt
forever as long as I can earn a higher return somewhere else.
Additionally, the government subsidizes home mortgages via the tax
deduction on interest paid.

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