[quote=plm]Congrats flu! Just paid of my mortgage as well on Tuesday. Didn’t make sense to keep the mortgage even if it was only 3% since I’m doing standard deduction now so can’t write off the mortgage.
[quote=scaredyclassic]Unless mortgage rates get to zero. Which they might.[/quote]
if that happens. I will be the first to do cash out refinance as much of all my real estate equity as I could and go on. real estate shopping spree. And I am sure just about every homeowner with or without a mortgage would refinance too
Definitely agree it’s a great feeling to have all of the real estate paid off, flu. Congrats on that and the new job.
After we had the RE investments taken care of in our late 40’s, we moved onto other more creative, yet more risky investments, like film, etc. You win some, you lose some, but the net has been great, and is far more interesting. Whatever you decide to do–investment wise–enjoy it, and do your due diligence.
Edit: Per the LTC discussion. Our thought has always been to plan well in all aspects of your life, but enjoy every day to the max, because no one really knows what the future will bring.
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