Sounds like a fun problem to solve over time! I have a vague idea about my draw down strategy, but it’s not really well thought out because i’m still years away from retirement. Good to keep in mind though for sure. Perhaps I should also start tracking rental property payments and cashflow, as well as dividends from all the funds I hold.

Have a great week!
Joel

Just two cents from a man approaching 50 ;-)

Great to hear you’re staying active despite the cold! You’re right, even .5 miles is better than 0! Just raising your heart rate each day is a great goal. :)

Wishing you a great weekend too!

Great start to your 1k goal!
I had a good start to my walking goal in Jan, but the East Coast snow storm has meant a slow start for Feb. I am proud of myself for getting out, and having a ‘start’ for the month. 0.5 or 1 mile is better than 0 miles.

Have a great weekend! I think people are excited about a Superb Owl?

haha! Mathematically, if you have the money, it’s better to front load in a lump sum than it is to dollar cost average. Play around with this calculator….
https://www.personalfinanceclub.com/lump-sum-vs-dollar-cost-average-calculator/

HM – I love the way you think! Umm… this is embarrassing to admit, but, I am already contributing 100% of my salary into my 401k. I know, it’s very small, but I only work part time right now. So there is no additional paycheck money available to put in there. So unless I get a pay raise or do more contract work for my employer (very possible!) I can’t put more in my 401k.

That being said, I can always invest excess money in our after-tax brokerage account. In the long run, mathematically, it should work out better than paying down our mortgage.

One last note…. Remember how I told you in your other comment that it all depends on the mortgage rate?… You are locking in at 2.5%, which has a huge difference to someone with say, 7%, etc.. Anyway, my mortgage for this rental is 4.125% which is low considering, but also given the expected lower returns in the stock market the next 10 years, maybe it’s just a safer play for some of my money. It’s just a thought.

Have a great weekend!

Congrats on a good month! We love boring months with no extra spending :) Quick question, if we have determined that investing in retirement funds are always better than paying down mortgage, why don’t you completely fund your 401k first before paying down your rental mortgage?

Thanks!

Hey J$! Yep, selling stuff is a great habit and a constant reminder that everything has a value to someone out there. Plus, it’s FUN!
Have a great weekend my friend!

It’s amazing how much free stuff is just laying around, everywhere you go. Just gotta look for it! Happy Friday Fiona :)