Non-motoring > State Pension deferral Miscellaneous
Thread Author: legacylad Replies: 41
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New Mon 5 Apr 21 11:04 
 State Pension deferral - Terry
Paying off the mortgage was one of the most liberating decisions I have made.

Suddenly any threat to the roof over ones head disappears. You have an asset that can later be turned into cash if you need to. Even with only a basic level of income the ability to carry on relatively warm and well fed is no longer under threat through job loss, ill health etc etc.

Why anyone would buy a new car in preference to clearing the mortgage is beyond me unless you have a terminal disease!
Last edited by: Terry on Mon 5 Apr 21 at 11:05
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 State Pension deferral new legacylad 4 Apr 21 08:57
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