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I recently took a big step toward FIRE. I now have a taxable account of preferred stocks and bonds that pays enough to make my mortgage payment (P&I) each month.

Since the investments cost only about 2/3 of the mortgage balance, I didn't have enough to actually pay off the mortgage. But this is the next best thing, as I now have no debt obligations to pay from the income from my job.

I still have to pay the property taxes, insurance and other expenses from my job income, but the mortgage was the biggest expense each month.

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