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Pay Off Mortgage?
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<blockquote data-quote="Artee" data-source="post: 5643706" data-attributes="member: 24351"><p>So you think you're making big money on the spread of the 3%, your paying in a mortgage and the 4% to 5% you're making in a CD? That's small ball chump change. Technically you are making money, but the juice just isn't worth the squeeze. Especially when you are retired. You want a mortgage hanging over your head once you retired? And then you're going to tie up the money that could have paid off your mortgage for 12 months in a CD for a 1% net return? Where do I sign up for that cool story <img class="smilie smilie--emoji" loading="lazy" alt="🙄" title="Face with rolling eyes :rolling_eyes:" src="https://cdn.jsdelivr.net/joypixels/assets/6.6/png/unicode/64/1f644.png" data-shortname=":rolling_eyes:" /></p></blockquote><p></p>
[QUOTE="Artee, post: 5643706, member: 24351"] So you think you're making big money on the spread of the 3%, your paying in a mortgage and the 4% to 5% you're making in a CD? That's small ball chump change. Technically you are making money, but the juice just isn't worth the squeeze. Especially when you are retired. You want a mortgage hanging over your head once you retired? And then you're going to tie up the money that could have paid off your mortgage for 12 months in a CD for a 1% net return? Where do I sign up for that cool story 🙄 [/QUOTE]
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