Should I Pay Off My Mortgage Early or Invest?
Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)
Ari Taublieb, CFP®, MBA
4.7 • 585 Ratings
🗓️ 20 March 2023
⏱️ 15 minutes
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Summary
Transcript
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| 0:00.0 | Welcome back to the early retirement podcast. I'm your host Ari Taublieb. I am a financial advisor, |
| 0:05.5 | and I'm the vice president of root financial partners, and I'm lucky to love what I do. And today, |
| 0:11.0 | I'm going to go through a question that does not come from a listener. And please know, |
| 0:16.4 | those that have been submitting questions, I am going to answer those. I promise I answer every |
| 0:20.7 | single question individually. If I don't get to it in an episode, I am going to answer those. I promise I answer every single |
| 0:21.0 | question individually. If I don't get to it in an episode, I will let you know and the reason why, |
| 0:25.9 | and either there's not enough that I feel is valuable for everyone and I don't want to waste their |
| 0:30.4 | time. And I promise I will put you in the right direction. So please know that. Thank you for those |
| 0:35.0 | that keep submitting questions on my website, early retirement podcast.com. Now, today's question is, should you make early mortgage payments? |
| 0:43.8 | That's the question that I've come up with. And there are a few sides of the story and how we're |
| 0:48.8 | going to think about it. I'm going to walk you through the framework that I share with clients |
| 0:52.5 | and how you can impact and think about it in your own financial life. |
| 0:57.3 | So first of all, before we hop in, please know that I'm doing all of this in more on YouTube |
| 1:02.0 | and you can always find that there. |
| 1:04.4 | You can also, if you don't mind, it's actually an ask, not a comment. |
| 1:08.3 | If you can share this with someone who you want to retire with, |
| 1:11.4 | I promise it's more fun to retire with friends, with family, so you can travel with them. So you don't |
| 1:16.5 | retire and go, hey, guys, I'm ready to have fun. Let's go places and they can't do so because |
| 1:20.7 | they're not prepared. So want them to be in that same position that you're going to be in because |
| 1:24.9 | you listen to the podcast. And the more you rate the show and |
| 1:28.1 | continue to share it with friends, more people can find it. So I want to thank you in advance for that. |
| 1:32.8 | I want to help as many people as possible retire early, which if you've been listening for some time |
... |
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