59 Tammy Symons – Managing your Mortgage 

Listen to this episode

In this episode, KT and Tammy Symons discuss:

  • The benefit of paying off your mortgage versus investing your money.
  • Some of the factors to consider when you’re going into retirement.
  • The historical pattern of mortgage interest rates over the last 10+ years and how it is changing now.
  • The pros and cons of some of the ways in which you can use your investments to pay/pay off your mortgage.

Key Takeaways:

  • There is no one size fits all answer to financial questions regarding your home.
  • Going into retirement with no major financial obligations is far more reassuring than having large financial obligations.
  • Pay attention to your interest rates over various debts – The rule of thumb states pay off your highest interest rate first.
  • Don’t take money out of your home to put it into the market.

“If you have a mortgage right now, this is the lowest mortgage that you are going to have. If you have gotten it over the last 10 years…”Tammy Symons

 

 

Connect with Tammy Symons:

Website: www.newdaysolutions.com

Email: tammy@newdailysolutions.com

Phone: 603-758-1101

 

Click here to reach KT 

 

See KT’s interview on C-Suite Network’s Best Seller TV

Connect with KT Thomas: http://ktsmoneymatters.com/

Purchase KT’s book- The Hardworking Woman’s Guide to Money 

 

 

Show Notes by Podcastologist: Chelsea Taylor-Sturkie

Audio production by Turnkey Podcast Productions. You’re the expert. Your podcast will prove it.

About the author, Kathleen

Kathleen Thomas, who often goes by KT, has over 25 years of experience in the financial services industry and understands the need for women to take control of their financial lives.

A Certified Investment Management Analyst, Chartered Life Underwriter, and Certified Financial Planner™ practitioner, Thomas earned her degrees in Finance and Political Science from Salem College.

Prior to founding NewDay Solutions, an independent Registered Advisor Firm, Thomas spent 20 years as a private wealth advisor for Ameriprise Financial Services. Many of her earliest clients continue to work with her.

Thomas is an avid long-distance runner and triathlon participant. She has completed the Boston Marathon seven times and the Ironman Distance Triathlon three times. She has volunteered as coach and mentor for Girls on the Run New Hampshire and Team in Training.

Raised in Newton, Massachusetts, Thomas now lives in Seabrook, New Hampshire, with her husband, John. They have one daughter.

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