@carolynjpaxton: Retirement myth: "If you pay off your house, you're set!" Well... First, let me say: congratulations if you are mortgage-free! That is a big accomplishment! But, it doesn't necessarily mean you're all set. I used to believe this too... that having no mortgage would mean smooth sailing in retirement. But here's reality: Even with no mortgage, you still have property taxes, insurance, utilities, and upkeep. Your house may be paid off but it never stops costing you. Healthcare costs don't disappear. The average couple retiring at 65 spends over 300k on medical expenses alone! And daily living expenses? Food, gas, travel, and inflation keep going up. The average retiree household spends over 50k a year. Without other income streams, you risk being house rich but cash poor. That's why, at 58, I started building a second stream of income through affiliate & digital marketing. Specifically, high-ticket digital products. This means cash flow, independence, security, and peace of mind. Don't just aim for a paid-off house. Aim for freedom. I made the decision to invest in a beginner-friendly digital marketing course that showed me exactly what to do. Comment INFO and I'll send you a free video that teaches step-by-step how to get started earning income online with affiliate and digital marketing. Then you can get started too! Don't want to wait? Put your email in my bio and I will send right over. Make sure you follow me If you have questions or just want to chat about this, my DMs are always open. #affiliatemarketing #digitalmarketing #makemoneyonline #midlifewomen #womenover50
FreedomWithCarolyn
Region: US
Wednesday 28 January 2026 23:51:49 GMT
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lwl322 :
I live in a 480,000 dollar home that’s paid off and I find it’s very affordable compared to the alternatives
2026-01-30 01:21:42
34
Mejican132 :
Better than renting. How is paying off your primary home a negative even if you are not retired
2026-01-30 00:56:15
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Loislane2018 :
That’s why I started contributing to my 401k at 23 when I first starting working. Now I have a second income when I retire. It was a very smart investment and I can live comfortably the rest of my life. Oh and my house is paid off. I made sure in the last few years before retiring to replace my roof fence a/c and other things getting old to prevent added expense.
2026-01-30 17:26:02
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Fish55 :
Government theft, aka property tax
2026-01-30 01:10:00
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christinebabb621 :
Info
2026-02-01 18:05:35
7
slick08 :
Info
2026-01-30 17:48:53
6
flwyatt64 :
Info
2026-01-30 15:06:43
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Deanna Joyseeker_Joyfinder :
I absolutely just spoke about this on my live last night! Ca-razy that we pay taxes on a house we’ve paid taxes on since we purchased and after we OWN the dang thing! (Where’s the “cross-your-arms-and-stomp-your-foot”emoji?) 😤😤
2026-03-11 08:46:54
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user4253304813468 :
Info
2026-01-31 00:57:50
6
Sharon :
Info
2026-01-29 22:02:37
5
SpecialK1955 :
Still have to pay taxes on it
2026-01-29 21:22:12
13
Alcomar :
So true! But them home taxes, really suck!🤬
2026-01-30 04:22:41
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carstito :
You have to pay insurance and taxes no matter what. You won’t have the mortgage loan and interest to pay. Victory.
2026-01-30 09:22:42
5
Moira3620 :
Im not retired and my house is paid off I call that a positive
2026-01-30 17:47:38
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Bill Powell :
Might not be all set but that is a major factor for a happy retirement
2026-01-30 13:11:47
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user7064830429434 :
Property taxes insurance utilities repairs. Some people when they retire cannot cover that even when house is paid off.
2026-01-30 22:44:30
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Kitkatnginamo :
I retired without mortgage still better than renting.
2026-01-30 13:15:04
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Diva Tee :
Wish mine was paid off
2026-01-31 06:12:22
5
user6823229255336 :
Ours is paid off thank goodness but the property taxes just about kill us.
2026-01-30 22:52:07
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mimi..of..5 :
It’s wonderful having no mortgage. Sure, there’s taxes and insurance and some maintenance. Before we stopped working, we went around and repaired everything that might need it in near future. We have so much extra cash without that mortgage.
2026-01-30 04:12:28
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Thomas M :
But it sure helps! 62 retired no mortgage
2026-01-30 11:22:31
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Asmr❤️❤️❤️👟👟 :
U still have to pay taxes it’s never yours
2026-01-30 02:56:37
8
Mistr Westcoast :
Maintenance, property tax increse, property homeowners insurance. For starters 😎😎
2026-01-29 20:17:09
9
Sassy Sista :
INFO
2026-01-30 15:12:20
3
GrowthwithBea | Marketing :
Very true👌
2026-06-28 13:37:52
3
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