The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RetiredNow who wrote (260878)	7/14/2010 5:06:08 PM
From: tejek	Read Replies (1) of 306849

Thanks for rubbing it in....now the red and gold looks even uglier. ;-) LOL. Well, I recently paid off my house. I've been sitting here with my retirement money 100% in cash and finally realized that paying off my house will take some risk out of my portfolio. For the remainder of my working life, I've increased my savings to my retirement accounts by the former mortgage payment to replenish my accounts. So cashflow-wise, it's a net zero change for me. As a result, my time to retirement hasn't change much, but my risk profile went way down. The gov't can keep it's interest payment subsidy on my former mortgage payment on my house. I don't want it.

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