/biz/ - Business & Finance

>>19690848
I'm 33. Been paying a mortgage for 8 years. I live in Orange County so it was an expensive condo, have about 200k left to pay it off. I plan on paying off the mortgage in the next 7 years and retiring when I'm 40. My plan is traveling around the world, living in different countries, living in cheap apartments in Greece, Italy, France, Japan, etc., all paying with the passive income I make off renting my place out. I won't be rich, I'll be living in decent studios and 1 bedrooms, but it's a life of freedom and the amount of time I won't have to spend worrying about the daily 9-5 is priceless.

A mortgage doesn't always make sense (buying a house in 2007 wasn't a great idea). But barring economic catastrophe it can be quite prudent.