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Subject:  Re: FIRE Update Date:  1/3/2013  10:02 AM
Author:  MetalDecathlete Number:  4966 of 5088

#1 concern is the age old question - invest or pay extra to the mortgage. #2 is what is the FIRE plan - right now, it's only an idea with no details. I'm thinking payoff the house then semi-retire meaning working part-time or in more interesting/lower paying jobs. With no mortgage, we would be able to keep the same standard of living with less income. However, we would still need to save something for retirement and get cheap health insurance. After 10 years, dial back even more when the pensions kick in (assuming our current employer doesn't get rid of it before then).


I've gone back and forth on this myself. A few years I'll pay down on the mortgage. Then a few years I'll put more towards investments.

As of now, I have it timed so that it looks like I'll have the mortgage retired pretty close to the time I think I can Fire. Which is about 6 years for me.

DW and I almost had our 1st home paid off. We were one year away from being