Re: Scary article on retirement planning.

>
> Renting has its own set of risks.  If inflation takes off, what happens
> to your rent?

rent goes up regardless, about 5% a year. good times, or bad. ive never
heard of rent going *down*

>What happens to your mortgage?  A mortgage is an automatic
> portfolio diversification (which is a good thing over the last few years
> of stock market and interest rate declines).  A paid off mortgage is good
> security against the many economic risks that are out there.  You can live
> very cheaply if need be when you don't have to pay the mortgage/rent.  You
> won't have a paid off mortgage ever is you rent all of the time.

suze ormand was saying the best thing you could do when given the choice
between investing in a 401k, and paying down a mortgage, is paying the
mortgage even if it means not having the small tax break anymore. because
uncle sam wont let you move in with him.