Josh Scandlen Podcast

In my recent research I've come to the conclusion the number one thing retirees can do to secure their retirement is NOT to carry a mortgage.   The data is starting to be overwhelmingly evident in my estimation. I'll share more and more as we go forward.  In this video though I use "Table 1702. Housing tenure and type of area: Annual expenditure means, shares, standard errors, and coefficients of variation, Consumer Expenditure Survey, 2015" to "prove" how a mortgage hurts charitable giving, increasing one's networth and even one's sense of peace in their financial circumstance.  (BE advised, you can't PROVE one's sense of peace, but given the numbers I share with you here, tell me the folks with a mortgage are not MORE stressed than the one's without a mortgage even though the one's without a mortgage have SIGNFICANTLY LESS income.) It's actually amazing too that we've been soooo freaking trained to look at retirement planning as what percentage of pre-retirement income do we need, i.e., "