Don't bet your life on appreciation, spending all your money on interest expense! Better to pay off the mortgage early, by age 50-55, eliminating mortgage payments. Most people claim to already know this. But, do they? Do they fully comprehend the payoff? Do they realize that money not spent on mortgage payments becomes capital? Which can earn income and grow to a cash nest egg that's 5 x their annual salary. Fact is, most people have no idea of what's at stake!
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John Cunningham has 40 years experience in solving financial problems and riddles in commercial real estate. He is the owner of Cunningham Advisors LLC. He's the author of an earlier book on "home economics." He has an Accounting degree from the University of Denver.
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