Principles of Preserving Wealth
Without even realizing it, most people are familiar with protection-first thinking. If you remember travelling on an airplane in a not too distant past, you would recall this important point in the safety demonstrations “In the event of sudden decompression, secure your own oxygen mask before helping others.”
The S&P 500 represents a large portion of the value of the U.S. equity market, it may be worth understanding.
Explore the benefits and drawbacks to paying off your mortgage prior to retirement with this article.