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Jill on Money with Jill Schlesinger

BONUS call: Mortgage Pay Off

Jill on Money with Jill Schlesinger

Audacy

Education, Investing, Business, Self-improvement

4.61.9K Ratings

🗓️ 4 November 2017

⏱️ 9 minutes

🧾️ Download transcript

Summary

Surprise, surprise...it's a BONUS call on a Saturday! Since we haven't had any calls on the last few episodes, we thought we'd throw you guys a bone :) So sit back and enjoy our chat with Rod about whether or not he should pay off his mortgage. Better Off is sponsored by Betterment. Please let us know what you think by leaving a rating or review in iTunes. Connect with me at these places for all my content: http://www.jillonmoney.com/  https://twitter.com/jillonmoney  https://www.facebook.com/JillonMoney  https://www.instagram.com/jillonmoney/  https://www.youtube.com/c/JillSchlesinger  https://www.linkedin.com/in/jillonmoney/  https://soundcloud.com/jill-schlesinger  http://www.stitcher.com/podcast/jill-on-money  http://betteroffpodcast.com/  https://itunes.apple.com/us/podcast/better-off-jill-schlesinger/id431167790?mt=2

Transcript

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0:00.0

Welcome to the Better Off bonus call of the week.

0:05.8

This is your chance to get on the air and ask me a question.

0:10.1

I'm Jill Schlesinger.

0:11.2

I'm your host.

0:11.8

I'm also a certified financial planner.

0:14.0

I'm even the CFP Board Senior Ambassador or the Senior CFP Board Ambassador.

0:19.5

I keep changing that.

0:20.6

I'm not sure which one it is.

0:22.6

We are sponsored by Betterment, the largest independent online financial advisor.

0:26.9

If you've got a question, just shoot us an email.

0:29.1

Ask Jill at Betteroffpodcast.com.

0:31.9

Today we've got Rod on the line.

0:33.6

Rod, welcome to Better Off.

0:35.1

What can we do for you?

0:36.9

68 years old, retired, trying to decide whether to pay off my house or not.

0:42.5

Okay.

0:43.0

You know, I can tell you all the details, or you can just ask me, but...

0:46.4

Give me some details. Are you married?

0:50.0

Yes, I'm married. My wife is retired also.

1:01.8

Our house is... mortgage is 108, 900. It's worth about 300,000. Got a 3.25 interest rate. 3.25. Oh, brother. That is pretty fab that is fantastic and are you

1:13.5

refinance that within the last few years I did with the VA okay oh great all right

1:19.1

okay so you guys are both retired are you are you living on your

...

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