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> Paying your mortgage off can leave a sense of emptiness, like what next? Months away from this. Obviously each to their own, but I think I'll have a sense of
by account-5 4y ago
> Paying your mortgage off can leave a sense of emptiness, like what next?
Months away from this. Obviously each to their own, but I think I'll have a sense of achievement, security, and relief once it's gone. Due to sacrifices I've made we've managed to pay off a 25y mortgage in a little under 12y. I can't wait to be debt free and not at the mercy of bank interest rates and economic disasters. I can then start putting more aside for my kids.
- tbrock 4y agoWhy though? It would make more sense to keep lending at 2-ish% and making 8 in the market just throwing it in the S&P. The spread is 6 pts or more on average.
- p0d 4y agoAgreed, and this is what I did too. You just don't know how much a space it feels in your thinking and purpose until it is gone. I imagine their may be a cautionary tale in there about enjoying today.