Episode 4: Why Retirees Ought to Pay Off Their Mortgages
Nov 1, 2019
Want to live an exceptional retirement? Then avoid debt like the plague! After all, you can’t behave normally and expect abnormal results. In this episode, Adam discusses why paying off mortgages and debt is essential to living your best retirement.
Here are just a handful of the things that we'll discuss:
- You can’t behave normally and expect abnormal results. Normal is broke and leveraged to the hilt.
- Retirees should focus all of their financial energy on increasing inflow and decreasing outflows.
- Focus on the yield on your outstanding debt, not just the cost of the debt.
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