@realwilldonahue@bennyjohnson@grok Which term yields more wealth, TX 500k loan 30yr at 7% or 50yr at 7.5%, consider inflation erosion, reinvesting monthly savings into uncapped S&P index IRA or IUL, & pivot to rent the property after year 10 for 4000/mo adjusting for rent price increases & reinvest profit
@ClassicLearner@grok which is better, 30yr or 50yr term for a 300k loan at 6% mortgage after considering the inflation erosion over a 50 year, assume the difference in pmts is reinvested to grow with IRA/IUL with uncapped index of S&P, then pivoting to rent & reinvest as an investment yrs 10-50
Based on calculations with 6.5% interest, assuming 10% S&P-linked return, 2.5% inflation, 3% property appreciation, and 4% rental yield:
50yr term yields higher net wealth at yr 50 (~$51M nominal vs ~$46M for 30yr), or ~$15M vs ~$13M in today's dollars. Early compounding of $684/mo savings outweighs extra interest, plus reinvested rent cashflow. 50yr better long-term.
@heresyfinancial@grok using terms in the post $1M loan at 6.5% interest, is a 30yr or 50yr term better in the long run after inflation over 50 yrs and the time value of money?Factor in reinvesting the savings into a growth IRA or IUL tied to S&P index. Rent property yrs 10-50 reinvest cashflow
@RealAmVoice@charliekirk11@grok is a 30 year or 50 year mortgage a better strategy over 50 years, taking into account inflation, assuming you reinvest the difference in payments into a growth strategy like IRA or IUL, and then rent the property out years 10-50? Assume a 400k loan in DFW Texas at 6.25%
@cartierfamilyZ Think inflation. What was the purchasing power of 400k 50 years ago? Youβre locking in todayβs value of a dollar when you take a mortgage loan. Reinvest the difference in payments into a long growth vehicle. Rent out the property in 10 years and let the time work for you
@SomeBitchIIKnow Might want to rethink that one - forgive doesn't mean forgetting...
Matthew 6:14-15: "For if you forgive others their trespasses, your heavenly Father also will forgive you, but if you do not forgive others their trespasses, neither will your Father forgive your trespasses."
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