133R | Should You Invest Or Pay Off Your Mortgage?

133R | Should You Invest Or Pay Off Your Mortgage?

Paying down your mortgage early feels responsible—but what if it's mathematically wrong? Brad and Jonathan tackle the question that splits the FI community in half: should you aggressively pay off your home loan or invest that extra cash in something like VTSAX? Listener Ariel joins with a detailed spreadsheet analysis comparing real-world numbers, and the results may surprise anyone who sees a mortgage as "bad debt." They also explore practical budgeting tools and how reframing your financial questions can open doors you didn't know existed. Key Topics & Timestamps: [00:00:00] Introduction to Mortgage Discussion Jonathan introduces the episode's theme of paying off mortgages versus investing. [00:24:28] Introduction of Ariel Ariel shares her financial journey and the motivation behind her interest in financial independence. [00:25:11] Ariel's Financial Journey Ariel explains how she transitioned from a Dave Ramsey follower to exploring the broader options presented by the financial independence community. [00:37:32] Paying off vs. Investing Analysis A detailed look at the math behind mortgage payments, showcasing various strategies of early repayment versus investing $500 into VTSAX. Highlights are drawn on both guaranteed outcomes and projected scenarios for returns. [00:55:49] Chase Ink Business Preferred Overview Discussion on travel rewards cards, with emphasis on the benefits of the Chase Ink Business Preferred. [00:58:43] Book Giveaway A drawing announcement for listeners to win one of three recommended financial books. [01:00:57] Episode Closing Closing remarks from Jonathan and Brad. Resources: BiggerPockets Podcast - For more insights on real estate investing. ChooseFI Travel Rewards Course - Learn to maximize your travel rewards effectively. Key Quotes: [00:15:42] "What's the worst that could happen? All they could say is no." [00:20:40] "Reframe your can't into how: What would it look like to create a system where you don't have to struggle?" [00:43:24] "Use a bridge strategy to keep your options open for the future." [00:58:01] "The name 'business card' shouldn't deter you; this is a great fit for many."

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609 | How to Talk to Your Partner about FI | Jasper Lee

609 | How to Talk to Your Partner about FI | Jasper Lee

Your spouse shoots down every FI conversation with "we can't afford it" or "retirement at 35 sounds crazy." You respond with better spreadsheets, tighter logic, more compelling numbers—and somehow mak...

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608 | Die With Zero, Revisited

608 | Die With Zero, Revisited

Brad Barrett's daughter just graduated high school. She's heading to college in a few months. The number of times he'll see her for the rest of his life? Already countable. This realization—visceral a...

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607 | Other Mountains I Want to Climb | Diania Merriam

607 | Other Mountains I Want to Climb | Diania Merriam

Reaching financial independence is supposed to be the goal—but what if you get there and realize the real skill isn't earning or saving, but learning to spend? And what if the metric for business succ...

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606 | Deep Dive: Target-Date Retirement and Bond Funds | Cody Garrett

606 | Deep Dive: Target-Date Retirement and Bond Funds | Cody Garrett

Most investors think they're buying the same thing when they choose a target date fund—but two people who bought 2025 target date funds 15 years ago could have 40% different returns today. Same target...

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605 | Retire in Less Than 10 Years

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At 21, Cody Berman appeared on ChooseFI as a college student discovering financial independence. Three years later, he retired at 26. Now 30 with a $5 million net worth, he's back to reveal exactly ho...

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604 | Getting Personal With Personal Finance: Bill Yount

604 | Getting Personal With Personal Finance: Bill Yount

Bill Yount reached financial independence at 60—then froze. His financial advisor confirmed 100% security, yet instead of relief, he felt disoriented fog. The emergency medicine physician who transfor...

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603 | Crash Proof: The Science Of Stock Market Resilience | Brian Feroldi

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The stock market crashes about once every three years—at least a 20% drop. Most investors panic and sell. But if you understood why markets always recover, you'd do the opposite. Brian Feroldi reveals...

15 Kesä 51min

602 | FI 201 Beyond FI Basics: Asset Allocation & Market Psychology Mastery

602 | FI 201 Beyond FI Basics: Asset Allocation & Market Psychology Mastery

Most investors lose to the market because they're trying to pick winners in a game where only 4% of stocks have created 100% of market wealth over the past century. The math isn't in your favor—but th...

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