In this episode I will show you how paying an extra $100 a month to pay down your home mortgage could cost you around $85,000. With real numbers and everything!
One of the best and easiest ways to build wealth is simply by owning your house. But in today's low-interest environment, paying off your mortgage early could be an expensive mistake. So why do Dave Ramsey, David Bach and Suze Orman insist that you should pay off your home as soon as possible? Well, it makes for good sound bites and nobody will actually challenge them on it.
If you could have an extra $85,000 in your retirement nest egg, would it help you?
Check out today's episode and remember to get on my mailing list at www.rogueretirementlounge.com.