To Retirees Who Dream To Be Mortgage Free For Life But Unable To Get Started
Are you planning to retire but still have a huge mortgage payment in retirement?
Do You Know The Next Step?
Do you really know how to invest in the stock market and increase your investment? No, most people do not. Outside of a monthly or weekly payment to their 401K, an average person’s understanding of the financial markets is based on the information sent to them by their employers.
Are you an expert in investing in the stock market?
If not, dont be discouraged. It is not your fault you are not a specialist. It takes years of study and practice and thats what you pay a specialist for, to take care of your investments even if it is your 401 k.
Without a clear goal and objectives you are bound to lose your money even if you are managing your own money or having a specialist manage your nest egg.
If you want to build your net worth rapidly with an investment you can understand fairly well and control, then real estate is still one of the best investments you can make. And even if your home value falls there is no loss to you and if you hold this for a long time the value will increase again and you get back all your gains.
What Happens When Your Mortgage Is Paid Off Early
We are naturally forced into believing that we have to pay off our mortgages over 30 years or longer and thats just the way it is meant to be. But do you know using a system like mortgage free for life can speed up the process, without changing your lifestyle?
Paying extra towards your mortgage principal every month or biweekly is one way to eliminate your mortgage faster and reduce mortgage interest.
But this requires some sacrifice on your part. Your extra money is now being applied to your mortgage instead of you using these funds to invest or save emergency funds for that rainy day.
Are you in a fortunate situation where you are able to consistently pay more towards your mortgage principal each 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
Do you know that you can eliminate your mortgage faster without spending more of your own money and use the extra cash you have for investment purposes and at the same time be mortgage free for life?
Accelerate Your Mortgage Payoff
Paying off your mortgage in under half the time is easily achieved by using the mortgage free for life system.
The mortgage acceleration process addresses the fact that banks and lending institutions front load your loans with interest rates, very high interests rates in some cases.
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.
Using a financial calculator, a professional can show you how to accelerate your mortgage.
Of course there is a hidden system behind the mortgage free for life program.
A HELOC (Home Equity Line of Credit) is the secret to pay off your mortgage and living mortgage free for life.
Since the HELOC is extremely low as the prime rate of interest is low, in this current market the rate on your HELOC is below your mortgage rate. By using your HELOC as a checking account you can take advantage of this low rate and automatically pay off your mortgage 15 years faster without a change in your finances
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
One reason to pay off your mortgage would be to use the equity in your home to pay for your kids college education.
An easy way to earn a stream on monthly passive income is to use the equity in your home to fund the down payment of an investment property. The rental you could earn from the property could be used to pay the mortgage on this investment home and the extra could be passive income in your pocket.
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.
By t0nia-b from Pixabay