We know that every dollar in portfolio value can support a 3-4% SWR.
Then doesn’t it stand to reason that one should not pay off one’s mortgage early if the annual principal + interest payments are less than 4% of the principal amount? Assuming you are looking at an early FIRE with decades of mortgage payments left.
Then doesn’t it stand to reason that one should not pay off one’s mortgage early if the annual principal + interest payments are less than 4% of the principal amount? Assuming you are looking at an early FIRE with decades of mortgage payments left.
Statistics: Posted by CletusCaddy — Tue Jul 09, 2024 8:24 pm — Replies 1 — Views 360