Smith Manoeuvre - Is Your Mortgage Tax-Deductible?
Is your mortgage tax-deductible?
The Smith Manoeuvre is an elegant strategy to invest for your retirement without using your cash flow.
You borrow against your home to invest for your retirement. It converts your mortgage over time into a tax deductible credit line.
The Smith Manoeuvre is very effective as part of your retirement plan. It typically doubles your retirement portfolio.
To do it the right way, there are three key points:
You should not take monthly income from the investments. You need to do it for the right reason. And you need to choose the right strategy.
In my latest podcast episode you'll learn:
- The 7 different Smith Manoeuvre strategies.
- Why would you choose to do the Smith Manoeuvre?
- How to deal with the risks of the Smith Manoeuvre.
- How the Forbes 400 richest Americans made their money (hint: most borrowed to invest)!
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