Comments on: The Finance, Travel and Everyday Life Newsletter https://randylewis.org/the-work-travel-and-everyday-life-newsletter/ The World's #1 Track Chaser Wed, 11 Oct 2023 16:48:03 +0000 hourly 1 https://wordpress.org/?v=6.9.1 By: Randy Lewis https://randylewis.org/the-work-travel-and-everyday-life-newsletter/#comment-358505 Sat, 30 May 2020 02:43:11 +0000 https://randylewis.org/?p=226151#comment-358505 In reply to Peg Fay-Feder.

Hi Peg, I’m glad my refinancing info struck a chord with you. In some ways this is simple but in other ways not. I’ll send you a PM to try to help wherever I can. Take care, Randy

]]> By: Peg Fay-Feder https://randylewis.org/the-work-travel-and-everyday-life-newsletter/#comment-358494 Fri, 29 May 2020 12:23:36 +0000 https://randylewis.org/?p=226151#comment-358494 I too am 71, and have a mortgage and have felt about it for years as the single greatest inflation protection opportunity available to me. Each year I pay back with cheaper dollars. And the money I haven’t paid for the house is in the IRAs. I’ve been wondering about refinancing. Did that on our prior house about ever 7 years…clearly not as aggressive as you are but thinking along the same lines. I need to go back through you figures because I don’t quite understand the part about rolling the “deposit”? into the loan and paying it off in 2 years and getting money from the bank. I missed something on my first read thru obviously.

The “senior discount” from the bank is very informative, now I understand the bank logic behind being able to buy this house 8 years ago even though we have no income just like you have no income.

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