A Quote by Suze Orman

Pay off your mortgage before retirement, and that's one less bill you'll have to worry about when you're on a fixed income.

Suze Orman

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Suze Orman
American - Author
Born: June 5, 1951

If you pay off your mortgage before retirement, you take a huge financial load off your shoulders. You also become eligible to take out a reverse mortgage once you turn 62.

Suze Orman

Especially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.

Barbara Corcoran

Your wealth is the value of your assets - your retirement accounts, your home, the unsold stocks - minus your debts, like your credit-card bill and your mortgage.

Annie Lowrey

The basic idea of retirement income is, to me, to get a check, two checks every month, one from your fixed income and one from equity account. And you want them to grow over time.

John C. Bogle

I live in a Spanish-style hillside home in Los Angeles, California. I paid $900,000 in 1995. It's perhaps worth about $3m now. Thankfully, I paid off my mortgage before the crash because I could see it coming. I worried that I would be caught having to pay off a very high mortgage for a house I couldn't sell.

Eric Idle

The truth is, if you are a woman saving 10% of your income for retirement, and you put it in the bank account, your chances of retiring well - living on 90% of your pre-retirement income for your full life - is 0%.

Sallie Krawcheck

After you marry, every asset either of you acquires is jointly held. That's why you both need to be in sync on your long-term financial goals, from paying off the mortgage to putting away for retirement. Ideally, you should talk about all this before you wed. If you don't, you can end up deeply frustrated and financially spent.

Suze Orman

If I'm owed money, but I say, 'Don't pay me, pay my cousin. Don't pay me, pay my charity,' you can do that, but then the IRS requires that you pay income tax on that. It's your income if you earned it and you directed where it went. If you exercised control over where the money went, you have to pay income tax on that.

David Fahrenthold

The highest-income Americans don't need tax-free health insurance, mortgage interest deductions or deferred taxation on retirement funds.

Steven Rattner

There is no denying that auto-bill pay is easier and more convenient than keeping track of and remembering to pay all of your bills each month, so it makes sense to use it for fixed expenses that you have approved and that you're 100% comfortable with.

Alexa Von Tobel

Working for company X and having a substantial portion of your retirement plan in company X is simply exposing yourself to too much risk, because the company is both your employer and the source of your retirement income. So if something goes wrong, you lose both your job and your retirement plan.

John C. Bogle

Hillary Clinton, told a reporter that she and Bill aren't truly well-off, even though they're incredibly rich because they pay income taxes like everybody else. In fact, she says, they were so poor when they left the White House, they could hardly afford Bill's website memberships.

Peter Sagal

The greater your command of brand loyalty, the less you must worry about price sensitivity and competitive promotions-and the less you must pay for marketing.

Jim Mullen

If you're going to live in the house make it your goal to just pay off your mortgage.

Suze Orman

People worry that if they buy an annuity and then die before the policy starts to pay off, their heirs will lose out. I tell them, "What you should be more worried about is if you outlive your money, you will have to move in with your kids. Ask your kids which of these outcomes they are more worried about."

Richard Thaler

When you pay a hospital bill, you're really paying two hospital bills - one bill for you because you have a job and/or insurance and can pay the hospital. and another bill, which is tacked onto your bill, to cover the medical expenses of someone who doesn't have a job and/or insurance and can't pay the hospital.

P. J. O'Rourke

A Quote by Suze Orman

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