Pay Off Mortgage Early or Invest in Retirement

If you are contributing the maximum amount in your tax deferred accounts (401k, 403b, IRA) and you have money still available to invest, what should you do? Should you use the funds to start paying off your mortgage early or invest the fund in your taxable accounts towards retirement? This decision is based on the interest rate of your mortgage. If your interest rate is high you should start paying down your mortgage, if it is low you should invest the money....

February 28, 2015

Early Retirement: How to retire early at age 50

When I tell people that I plan to retire by age 50, they ask me how this will be possible. First you must understand what my definition of retirement is. Early Retirement is: having the financial resources so that I don’t have to ever work again The key is “that I don’t have to” and not that I will stop working. My idea of retirement is that I will be in control of whether I choose to work or not and not be reliant on work to provide monthly income....

May 16, 2014