haha
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Clearly you are wrong if you are saying that retired people will always look to have a paid off mortgage. Reading this site shows that some will prefer to have a mortgage. If you are stating your opinion, why ask if you are wrong? How could you be wrong? After all, it is only one person's opinion, and yours should be as good as anyone else's.It never ceases to amaze me about how many folk still have mortgages on their main abode after (or during) retirement. I can understand it on a second home. I read about people refinancing etc. at good rates, not sure if all are retired or not. Would not paying off a mortgage be a main priority first, in order to have an affordable ER or R for that matter. It was certainly a priority for us before we retired the first time. I guess if one has a high steady income or something it may not affect them. But I somehow think that most of us are not in that position. While we are probably comfortable, I would think that NO Debt would be the order of the day. Am I wrong?
I can tell you categorically that some of these will be somewhat safe. But that is a fairly low bar; and maybe too low.What are these bond investments that one can get today that throws off 6%? Are they somewhat safe?
Ha
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