What Interest Rate Makes Paying Off My Mortgage a Priority Over Retirement?

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What Interest Rate Makes Paying Off My Mortgage a Priority Over Retirement?
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3 окт 2024

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Комментарии : 23

@victorbaird8220 10 дней назад

Use this as a I am so excited button because Bo was not excited 😢

@danhan121 11 дней назад

Someone had better check in with Bo…he wasn’t ‘so excited about this one’ 😢. Keep up the great videos❤

@alexanderfaulkner 11 дней назад

😂

@victorbaird8220 10 дней назад

That is so right 😢😊

@WumbologyPHD 11 дней назад

Why is Rebie on the left, that's a violation

@alexanderfaulkner 11 дней назад

Yup human rights violated

@MichaelAnderson-wk1no 10 дней назад

At the end of the day, it depends on personal preference. Not everything in life is about sheer mathematical calculations. If you value the freedom and peace of mind that come from having a paid off house, then make that a priority. If you value optimizing every dollar, then focus more heavily on investing.

@classics-wz1bz 9 дней назад

it's always one or the other; why not do a little of both? if you're investing X a month take 100-200 off that and put that extra towards the principal on a 30 year conventional; you'll still invest and pay off your house 5-7 years earlier.

@MichaelAnderson-wk1no 9 дней назад

@classics-wz1bz I totally agree, it shouldn't be about one or the other. I like to do both.

@MooMoo69556 8 дней назад

Shut yer mouth

@tomiasthexder7673 10 дней назад

You have to factor in the years gained by not having a mortgage leaving you more money to invest. Therefore catching up and some

@anniealexander9616 10 дней назад

I would volunteer for overtime to focus on paying down my mortgage. I was contributing 6% to get my company match. 6% of a 60 hours week with 20 hours at time and half is a lot more than 6% at 40 hours. That led me to believe it's ok to pay off my mortgage. I paid it off in a little less than 10 years.

@victorbaird8220 10 дней назад

It’s Brian Preston the money guy 😊

@jaredsharp4496 10 дней назад

Just waiting till 10/19 Brian and Bo know

@matthewshepard3552 10 дней назад

Georgia at UT?

@Whooperchain 8 дней назад

Why are these guys always writing shit down so furiously? I really don’t get it

@Pecunia3 10 дней назад

Interest is RISK. At any interest rate, it’s RISK.

@docb77 10 дней назад

No. Interest is just an expense. The existence of a loan is the risk. Liabilities = risk. Can't live without some rush though.

@thedopplereffect00 10 дней назад

Unless it's below the inflation rate, then it's profit

@Ben-gg3dp 8 дней назад

Don't even have to watch. Every single time a question is asked. "Great question. Depends on your situation." (Even though they just gave you their situation.)

@ramrod2298 10 дней назад

Paying off the mortgage is a GUARANTEED 6%. I’d rather do that than buying into the stock market at all-time record-high, bubble valuations.

@SilentSputnik 10 дней назад

The stock market has been guaranteed long-term thus far regardless of the 'all-time record highs'

@nickstark8479 10 дней назад

If I was looking at a 6% interest rate I would probably focus on that as well. Tax free savings and all... but I'm currently looking at 1.89% so investing is the clear winner atm.