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Last Updated: July 25, 2021

Not being able tp pay off my mortgage is preventing me from being able to retire

 

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I am 66 years old, and I was looking forward to retiring but paying off my current mortgage has proven to be more challenging than anticipated. Paying $744.03  for a mortgage and property taxes is more than my wife, and I would be able to afford.  My monthly social security income is $1,377.00. My wife, who, too, looks forward to retiring in four years when she turns 66, monthly social security income will be less than mine. However, if our mortgage was paid off, we still wouldn’t have a lot of money, but only paying $312.00 monthly for property taxes would be enough to allow us to still enjoy some of the more simple pleasures of life with family and friends and each other.

Giving my all working five days a week in a manufactory environment has taken its toll on me. As a result, I am becoming more forgetful, and I’m taking medication for depression. I have had one heart attack, successfully treated for prostate cancer, pneumonia. I am currently holding my own despite living with a slow gut, overactive bladder, daily fatigue, and insomnia.

I belong to no organization. However, I mentor young men and women every chance I get. Therefore, I would like to volunteer more of my time to helping steer our youth away from the streets and a better productive future.

My experiences in life have taught me that the most common thing that stands in our way is the fear of failure. If young people could learn to overcome their fears, they could gain the trust and courage to face life’s challenges with a positive attitude and integrity.

How, is the beginning of learning and the beginning of the downfall. Young people’s approach to how is often merely imaging achieving their goals. Left out is the knowledge of how to actually accomplish them. Today knowledge is plentiful, and it is everywhere. But how does one decide who to listen to? And here is where doing your homework really pays off. Learning how to ask the right questions is vital.  A young friend may be a good companion, but trusting them with your life choices can be pretty foolish when needed is someone with the knowledge and experience to help you succeed in life. That is only part of what I would like to teach young people, and with your help, I can.

Sincerely,

Joseph Sullins

Filed Under: Mortgage Tagged With: USA

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