How are you going to repay all your loans before you retire?

Investopoly · Aug 7, 2019 · 12m

Borrowing to invest (in property or shares) is typically a good wealth accumulation strategy as long as you do it prudently and adopt a proven methodology to select quality investments. If used wisely, debt can be a very effective tool. However, whilst your investment strategy might require you to get into debt, the strategy must also articulate how you will get out of debt (i.e. repay it). This blog sets out some of these strategies.How much debt is safe to take into retirement?You must think about your interest rate sensitivity in retirement. For example, if you have $2 million of…