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- We Built a Mortgage Calculator to Solve the Pay Off vs. Invest Debate (For FIRE)
We Built a Mortgage Calculator to Solve the Pay Off vs. Invest Debate (For FIRE)
Summary
In this episode, the hosts discuss the age-old debate of paying off a mortgage early versus investing the money. They introduce a new mortgage calculator that takes into account tax implications, investment returns, and individual financial situations to help navigate this decision, especially for those pursuing financial independence and early retirement (FIRE). The discussion emphasizes that psychological factors play a significant role in financial decision-making.
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