Quote:
Originally Posted by smyles
I assume most (many? some?) retire w/o an outstanding mortgage or any other significant debts?
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We are buying a house to retire into. I intended to pay cash for it but a mortgage below 3% is such a rare thing in my life experience, and I can easily beat that with investments, so why not? The funds are there to pay it off if I’ve miscalculated or get stressed about it. No car or other debt.
I think it is more important to have a solid financial plan than to have no debt or any other specific element.