Should You Pay Off Your Mortgage Early - Mark Trautman | MHFI 261

April 01, 2025 00:50:18
Should You Pay Off Your Mortgage Early - Mark Trautman | MHFI 261
Mile High FI Podcast
Should You Pay Off Your Mortgage Early - Mark Trautman | MHFI 261

Apr 01 2025 | 00:50:18

/

Show Notes

Doug and Mark Trautman discuss a listener question regarding whether it’s better to pay off a low-interest mortgage (2.5%) or invest the money instead.  They explore various strategies, including the psychological benefits of paying off a mortgage, the financial returns of investing, and a hybrid approach to manage risks.  They also delve into the historical behavior of the stock market and emphasize the importance of aligning investments with personal goals.

Follow the link for more details including the original listener question and Doug’s Gemini Calculations: https://milehighfi.com/should-you-pay-off-your-mortgage-early/

Do you like the podcast and want to support the show?  Follow the link to find out how: https://milehighfi.com/support/

Links

Join the Mile High FI Club – It’s the email list!

Get MHFi Merch – It helps support the show. Get t-shirts & more

**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**

Brought To You By:

The Doug Show, aka Affiliate Marketing & Side Hustles

Email the show: [email protected]

0:00 Introduction

2:02 Laying out the financial details

8:14 Mark’s approach – The money tree

13:57 Downsides of Mark’s strategy

18:37 Doug’s approach & Gemini calculations

24:42 Eliminating downside & lowering uncertainty

31:14 Market volatility & historical context

38:23 Not always about maximizing returns

44:54 Soundcheck – Cleaning

Other Episodes

Episode 0

December 12, 2023 00:57:44
Episode Cover

DIY Projects, Live-In Flips, and Financial Planning | Mailbag | MHFI 193

Doug and Carl answer questions from the Facebook mailbag. Sam: How important were the live-in flips and other real estate ventures that you and...

Listen

Episode 0

December 14, 2021 01:11:08
Episode Cover

Create Fearlessly with Jillian Johnsrud | MHFi 035

Doug and Carl talk to Jillian Johnsrud, author, blogger, podcaster, and life coach, about her book, Fire the Haters: Finding Courage to Create Online...

Listen

Episode

July 23, 2024 00:39:55
Episode Cover

FIRE in a Recession or When the Market Takes a DIVE [rebroadcast] | MHFI 225

Doug and Carl discuss the challenges of retiring during a market downturn.  They delve into the significance of Sequence of Returns Risk & inflation...

Listen