To Retirees Who Should To Be Mortgage Free For Life But Don Not Know How To Start
Are you planning to retire but still have a huge mortgage payment in retirement?
Do You Know The Next Step?
Do you know the ins and outs of the stock market? Well for most of us we are only good at contributing money to our savings and 401k plans. And thats about it.
Do you consider yourself a financial whiz kid when it comes to investing in the stock market?
It is not your fault. You are just not given the right information.
But heres is our responsibility. We need to set a clear goal and target and communicate this in order to grow enough money to retire.
The reality is, your home is still the best investment you can make. Value may drop but unless you are selling the property, there is no loss to you. The trick is to use the Mortgage Free for Life system.
The Rewards of A Final Payoff
Why would you want to hang on to that large monthly payment if you didn’t have to? Outright ownership means no more mortgage and loads of money in your pocket. Using Mortgage Free for Life can speed up the process.
Spending more of your paycheck each month on your mortgage is one way of paying off your mortgage faster.
But that means not having extra cash to invest or spend.
Do you really want to increase mortgage payments and leave yourself without money every month?
Dont forget that though you want to pay off your mortgage faster it makes financial sense to have a balanced portfolio and invest at the same time
Wise investments can produce great returns over the long run and can provide a better return than paying off your mortgage. But do you know you can actually pay off your mortgage faster without spending more or changing your lifestyle and reap the rewards of being mortgage free for life?
Accelerate Your Investment Power
Paying off your mortgage in under half the time is easily achieved by using the mortgage free for life system.
The method takes into account that the all banks and financial institutions charge you a significant amount of interest and fees upfront.
Using a mortgage acceleration system like Mortgage Freedom for life, you could easily save thousands in interest rather than paying this to the bank. And you can slash your mortgage, and pay this in record time.
The best way to find out if the mortgage acceleration program would work for your situation is to use a mortgage acceleration calculator. Just plug in the numbers and see how fast you can slash years of your mortgage.
And here is the real secret behind the mortgage acceleration program
And the way to pay off your mortgage without spending more is to use a Home Equity Line of Credit (HELOC)
One way to pay off your mortgage and live mortgage free for life is to use a HELOC. In this economy the real savings is that HELOC rate of interest are at their lowest point in their last 55 year history. Therefore using a HELOC as a checking account you could end up paying off your mortgage savings thousands in interest. Not you mention you can eliminate your payment in half the time.
You may be tempted to refinance your mortgage to drop your monthly payments. It makes sense to do so when your mortgage rates have dropped. By refinancing it does not make any difference to the term of the mortgage. The mortgage has to be repaid.
Life Without A Mortgage
If you have kids imagine them finishing college without taking a lifetime to pay off debt. That would be one of the biggest gifts that any kid would like to have especially when they are just getting started in life.
Another way could be to use the equity in your home to buy an investment property. Imagine having the ability to fund a deposit on an investment property, and earn a steady stream of cash flow for life.
Take action with the Mortgage Free for Life Program. It is the safest investment there is to slash years off your home without spending more or changing your lifestyle.
Find More Mortgage Articles