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09-15-2011, 08:09 AM
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#1
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Full time employment: Posting here.
Join Date: Aug 2011
Location: Atlanta
Posts: 507
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9/15/2011 @ 9:45am
JUST PAID OFF THE MORTGAGE!!!!
Great feeling.....
If there was one common thing that retirees seemed to agree on it was not having a mortgage was a big one..
BUT
Still have the lake house and we can retire with it
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09-15-2011, 08:14 AM
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#2
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,585
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Quote:
Originally Posted by SJ1_
JUST PAID OFF THE MORTGAGE!!!!
Great feeling.....
If there was one common thing that retirees seemed to agree on it was not having a mortgage was a big one..
BUT
Still have the lake house and we can retire with it
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Congratulations.
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09-15-2011, 08:24 AM
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#3
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
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You will never forget that feeling, I know we didn't. Go celebrate!
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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09-15-2011, 08:33 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 1,608
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Congratulations on this financial achievement!
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09-15-2011, 09:55 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 3,679
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Congratulations!
__________________
Married, both 69. DH retired June, 2010. I have a pleasant little part time job.
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09-15-2011, 10:01 AM
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#6
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,473
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Congratulations! Not having a mortgage to pay makes a HUGE difference in expenses, as you will undoubtedly notice and appreciate in the years to come.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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09-15-2011, 11:55 AM
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#7
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Moderator Emeritus
Join Date: Sep 2007
Posts: 17,773
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Congratulations!!!!
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
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09-15-2011, 11:57 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Moscow
Posts: 1,569
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Feels great, doesn't it!
__________________
You can't enlighten the unconscious.
But you can hit'em upside the head a few times to make sure they are really out...
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09-15-2011, 11:58 AM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,067
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Where's Dave Ramsey when we need him? Congrats.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
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09-15-2011, 12:18 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,877
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Congrats, one of the best feelings of security in the world, knowing the house is paid for.
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
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09-15-2011, 03:35 PM
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#11
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gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
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Congrats! Its a major accomplishment in ones life, break out the champagne and party.
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09-15-2011, 04:00 PM
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#12
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2011
Location: NC Triangle
Posts: 5,807
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At the risk of annoying myself (and probably a large fraction of the E-R forums community), I'll say:
BOO-YAH!
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09-15-2011, 05:50 PM
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#13
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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Well done !
__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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09-15-2011, 06:16 PM
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#14
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Full time employment: Posting here.
Join Date: Jan 2011
Posts: 586
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Just think of the extra cash that you will have each month. Congrats.
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09-15-2011, 06:41 PM
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#15
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Recycles dryer sheets
Join Date: Feb 2007
Posts: 193
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Good Job! How many years did it take?
__________________
Oh Look, a squirrel!
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09-15-2011, 06:42 PM
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#16
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Thinks s/he gets paid by the post
Join Date: Dec 2010
Location: USA
Posts: 1,050
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Congrats!
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09-15-2011, 08:38 PM
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#17
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Full time employment: Posting here.
Join Date: Apr 2008
Posts: 702
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Great News!!!! It gets even better when you start to feel that free cash flow that was for so long committed to the mortgage payment.
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09-15-2011, 09:45 PM
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#18
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Location: irradiated - too close to the nuclear furnace
Posts: 1,294
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Congratulations! It is a huge reduction in expenses to have accomplished that. I was super excited about paying off the mortgage for the 6 months prior to finalizing it but it was then anti climatic when it happened. I was pleased but for me the thrill was doing it in pieces over 6 months. Either way it's a great feeling.
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09-15-2011, 10:31 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Feb 2011
Location: West Tx
Posts: 1,392
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Congratulations! It's a wonderful feeling. I am still excited that ours is paid off, and it has been over 3 years.
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09-16-2011, 07:21 AM
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#20
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Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,299
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Congratulations! Zero Debt is a great place to be.
__________________
When I was a kid I wanted to be older. This is not what I expected.
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