I don’t care about all those theories out there suggesting not to pay off the mortgage.
We’ve been totally debt free for years and years. The only bills are paying off in full the credit card statements each month.
As a result we always have cash to spend because we don’t pay out gobs and gobs of interest.
Regarding mortgages, I know a guy that refinanced his home 3 years in a row just to get equity out and blow it.
I agree with you. Most financially astute people will die with the yoke around their neck. You should plan for more than the size of the Pyramid that will be built over your grave.
In simple terms … paying off a 3% mortgage ahead of time and giving up the opportunity to earn 7% on your money makes no sense unless you really just have an aversion to being in debt under any circumstances.