Personally, I do want to be mortgage free within 5 years regardless of interest rates. Many have large mortgage debts with substantial monthly interest that far outweighs the size of their investment portfolio. (This is the typical American) Once that large debt is gone, you can really get serious about investing. I like to invest 15% of my gross income every month. Once my mortgage debt is gone, I can increase that number dramatically. It also provides more freedom for a career change or more time off with your family. Those are two major driving forces for me to get debt free.
We all have our unique set of values and circumstances. The key is to have the vision and plan that goes with it.
Merry Christmas fellas...
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Todd
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