|
|
10-15-2018, 08:17 AM
|
#1
|
Recycles dryer sheets
Join Date: May 2017
Posts: 85
|
Thank you
36 years old: and delighted !!!
I just wrote a check for 95k to my wife for her birthday, paid off the house after 6 years , it felt like a tough mountain to climb and we paid off 250k so house is finally ours. I want to acknowledge all the folks on this forum for keeping me focused and helping me realize that nothing is impossible. The motivation you get being with and talking to like minded people is a big game changer. The next focus is to pay off the other 2 rental properties and call it quits or at least have that option.
Cheers
IMG_2478.JPG
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
10-15-2018, 08:24 AM
|
#2
|
Thinks s/he gets paid by the post
Join Date: Aug 2013
Location: North
Posts: 4,031
|
Nice work sir! I was so relieved when I found like-minded people on this ER forum. Everyone I talked to offline did not have a clue what it took to retire early. Everyone I know thinks people just work until 65 or later, I guess I don't really know what they think but god bless ER.org for filling in a massive void in my life. I have 300k to go on mortgage debt. Plan is 30k a year for the next 10 yrs.
__________________
Time > $$$ ~ 100% equities ~ FIRE @2031
|
|
|
10-15-2018, 08:25 AM
|
#3
|
Recycles dryer sheets
Join Date: May 2017
Posts: 85
|
Quote:
Originally Posted by kgtest
Nice work sir! I was so relieved when I found like-minded people on this ER forum. Everyone I talked to offline did not have a clue what it took to retire early. Everyone I know thinks people just work until 65 or later, I guess I don't really know what they think but god bless ER.org for filling in a massive void in my life. I have 300k to go on mortgage debt. Plan is 30k a year for the next 10 yrs.
|
You will get there sooner than you think. Great job !!!
|
|
|
10-15-2018, 08:30 AM
|
#4
|
Recycles dryer sheets
Join Date: Sep 2012
Location: in the sticks
Posts: 473
|
Nice job! And no Lambo in the garage, at least that we can see
|
|
|
10-15-2018, 08:31 AM
|
#5
|
Thinks s/he gets paid by the post
Join Date: Mar 2004
Posts: 3,431
|
Quote:
Originally Posted by ndnguy822000
36 years old: and delighted !!!
I just wrote a check for 95k to my wife for her birthday, paid off the house after 6 years , it felt like a tough mountain to climb and we paid off 250k so house is finally ours. I want to acknowledge all the folks on this forum for keeping me focused and helping me realize that nothing is impossible. The motivation you get being with and talking to like minded people is a big game changer. The next focus is to pay off the other 2 rental properties and call it quits or at least have that option.
Cheers
|
Congratulations! And keep up the good work.
I, too, find this forum of like-minded folks very refreshing.
omni
|
|
|
10-15-2018, 08:35 AM
|
#6
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,417
|
Outstanding!
I too was one that thought paying off a home as soon as I could would be good and it was my plan. I haven't had a house payment since I was 28 years old and stuck that once was payment into stocks and savings.
You have a beautiful home!
|
|
|
10-15-2018, 08:35 AM
|
#7
|
Recycles dryer sheets
Join Date: May 2017
Posts: 85
|
Thank you
Hah nope , all our cars are Lexus or Toyota. I did sell the ISF and that helped pay the house off but the NSX will be mine one day but that’s after a while
|
|
|
10-15-2018, 08:39 AM
|
#8
|
Recycles dryer sheets
Join Date: May 2017
Posts: 85
|
Quote:
Originally Posted by street
Outstanding!
I too was one that thought paying off a home as soon as I could would be good and it was my plan. I haven't had a house payment since I was 28 years old and stuck that once was payment into stocks and savings.
You have a beautiful home!
|
Since 28 !! That’s a amazing and we got the house when the market crashed so that helped , now it’s worth almost 50% more
|
|
|
10-15-2018, 09:24 AM
|
#9
|
Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,689
|
YEY! You have a lovely house for the price. We reject debt in every way possible. It makes things so much simpler. And now you have all that equity! Gotta love it!
__________________
"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
|
|
|
10-21-2018, 06:52 PM
|
#10
|
Recycles dryer sheets
Join Date: Dec 2017
Location: CarUpOnBlocks NY
Posts: 178
|
Way to go! Enjoy every second of YOUR home with the DW.
|
|
|
10-21-2018, 06:58 PM
|
#11
|
Thinks s/he gets paid by the post
Join Date: Mar 2008
Location: Atlanta Suburb
Posts: 1,499
|
Well done. Congratulations!
__________________
"Oh, twice as much ain't twice as good
And can't sustain like one half could
It's wanting more that's gonna send me to my knees" - John Mayer
|
|
|
10-21-2018, 07:24 PM
|
#12
|
Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Midwest
Posts: 2,962
|
Quote:
Originally Posted by ndnguy822000
36 years old: and delighted !!!
I just wrote a check for 95k to my wife for her birthday, paid off the house after 6 years , it felt like a tough mountain to climb and we paid off 250k so house is finally ours. I want to acknowledge all the folks on this forum for keeping me focused and helping me realize that nothing is impossible. The motivation you get being with and talking to like minded people is a big game changer. The next focus is to pay off the other 2 rental properties and call it quits or at least have that option. Cheers
|
How did you determine your wife is worth $95,000?
|
|
|
10-21-2018, 07:27 PM
|
#13
|
Thinks s/he gets paid by the post
Join Date: Aug 2013
Posts: 1,969
|
Congrats ... you are now House-Rich, but hopefully not Cash-poor But honestly, good job paying off the debt.
__________________
No to consumerism, Living a simple life, enjoying the experience - not the material stuff
|
|
|
10-22-2018, 04:14 PM
|
#14
|
Thinks s/he gets paid by the post
Join Date: Sep 2002
Posts: 1,173
|
The paid off mortgage is the new status symbol! Congrats
|
|
|
10-22-2018, 07:42 PM
|
#15
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
|
Quote:
Originally Posted by razztazz
How did you determine your wife is worth $95,000?
|
“I just got a bass boat for my wife. Pretty good trade, eh?”
__________________
Have Funds, Will Retire
...not doing anything of true substance...
|
|
|
10-22-2018, 10:02 PM
|
#16
|
Recycles dryer sheets
Join Date: Mar 2016
Location: SoCal
Posts: 353
|
Congrats man, ! Now the key is to take high risk for high return and make that $$$ growth. I am not special, I am making 120k per year the last 3 years and 85k last 15 years but manage to have almost 6.2 mil assets with ZERO debt and calling it quit at 50(summer 2019).I started out with zero $$ and had to learn English from scratch. I Love this country we call America.
|
|
|
10-23-2018, 06:38 AM
|
#17
|
Recycles dryer sheets
Join Date: Nov 2015
Posts: 442
|
Three Cheers!
|
|
|
10-23-2018, 07:05 AM
|
#18
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2003
Location: Florida's First Coast
Posts: 7,666
|
That is great, it feels good to pay off that mortgage doesn't it? And you monthly cash flow will increase substantially!
Beautiful home too, what part of the country is it? Looks like California some place or Florida perhaps.. Where we live in Florida it would cost ~$500k - $600k if built of concrete.
__________________
"Never Argue With a Fool, Onlookers May Not Be Able To Tell the Difference." - Mark Twain
|
|
|
10-23-2018, 07:25 AM
|
#19
|
Full time employment: Posting here.
Join Date: Feb 2017
Location: Severn
Posts: 947
|
|
|
|
10-23-2018, 08:27 AM
|
#20
|
Recycles dryer sheets
Join Date: May 2017
Posts: 85
|
Quote:
Originally Posted by razztazz
How did you determine your wife is worth $95,000?
|
Lol
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|