no1pilot2000
Well-known member
- Joined
- Feb 11, 2006
- Posts
- 529
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Adam Smith at work, everyone makes ever economic decision in their own best interest. He did, you did, I did
RETIRE you old jerks!
You knew the age limit was 60 your entire careers, so step down and get the hell outta here!
Adam Smith at work, everyone makes ever economic decision in their own best interest. He did, you did, I did
No they didn't. They only did because by law they had no choice. Otherwise they would have continued. Stupid comment.
what did you say? I had my head set on, only kids use speakers. BTW you will never have to worry about stuff like that, because you will never grow older.I don't have a problem flying with you old farts. But for Christ's sake, would you please keep the speaker volume down! It's like visiting gramps in the nursing home when he's watching TV with the volume cranked up.
what did you say? I had my head set on, only kids use speakers. BTW you will never have to worry about stuff like that, because you will never grow older.
He whispers, "That will $100", if I write the check I pass. ha ha, BTW how many of you youngsters have to wear spectacles to pass that medical. I don'tI can just see the FAA medical; you know the part when the Doc whispers something and asks you what he said. As long as they ask you the same thing every year, you're OK (assuming your memory is still OK)
how many of you youngsters have to wear spectacles to pass that medical. I don't
nope not the case here, just plain "ole mark I eyeballs"Laser and chemicals help you do a lot of things you used to do unaided in your younger years Yip:laugh:
Anyone have to read the menu to their 61 year old CA yet? Yep, I did on an overnight not too long ago. All the while this guy was telling me about collecting his Air Force and PBGC money while still holding a line.
HAL
THE GREATEST GENERATION- GAVE BIRTH TO THE MOST SELFISH ONE- .
of course you won't retire. because of one word: greed.
So lets do your math here. You make say $100,000k You pay out 20k in interest on your mortgage. This brings your taxable income to 80k. Lets put you in the highest 36% tax bracket for this example.
So at 100k and paid for houses you would pay $36,000 in taxes
So at 100k with 20k paid in mortgage interest you would pay$ 28,000 in taxes.
So we would rather pay the bank 20k to save paying the goverment 8,000k. Seems to me I would rather have the extra 12k in the bank and then knock yourself out investing that money. And if you tell me well you would be in a lower tax bracket do it at 15% tax for 80k and you are still out and extra 4k vers having your homes paid for
If writing off interest was so great why the hell would I refi to 4.5% when I could keep a higher interest rate of 8% plus. Used this example right before I fired my financial advisor. Numbers don't lie if you can do the math.