Why You Shouldn’t Pay Off Your Mortgage Early (Until You Hear This)
Release Date: 06/17/2025
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info_outlineShould you pay off your mortgage early? I did it, but now I have a completely different perspective that could save you thousands. Most people think about opportunity cost wrong - here's what I wish I knew before making my choice.
In this video, I share my personal mortgage payoff story and reveal the critical question every homeowner needs to ask: Are you actually investing the difference? Plus, my neighbor Miles taught me something that changed everything about mortgage strategy.
👉 Get a private invitation to our Teaching Millionaires community: https://teachingmillionaires.com/fbgroup
⏱️ CHAPTERS:
0:00 - My Mortgage Payoff Story & Why I Changed My Mind
1:05 - Miles' Challenge: Why Pay Off a 3% Loan?
2:10 - The Problem: Most People Don't Actually Invest
3:13 - My Accountant's Test: Are You Maxed Out?
5:11 - The Key: Only Keep Mortgage If You're Actually Investing
6:37 - Responsibility First, Strategy Second
8:13 - What I'd Do Buying a Home Today
9:18 - Share Your Story & Join Our Community
#MortgagePayoff #RealEstate #FinancialFreedom
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👥 About Rich Smith:
Rich Smith helps individuals and business owners optimize their wealth through smart financial strategies. With expertise in tax incentives and wealth preservation, Rich breaks down complex financial concepts into actionable steps.
📌 This video may contain links through which we are compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. I am not a financial advisor. The information I share is for educational purposes only and shouldn't be considered as certified financial or legal advice. It is imperative you conduct your own research. I am sharing my opinion only.