The Desirement Mortgage Calculator

This calculator is your first step toward securing your financial future. It will calculate two critical expenses. It will first calculate all of your retirement (desirement) expenses, and second, it will create your financial mechanism to cover these expenses long after your paycheck has stopped.

To finance your desirement, you need a desirement mortgage.

When you bought your house, did you pay with a big bag of cash? You took out a mortgage. You calculated how much you could afford to pay each month over 30 years, found the lowest interest rate you could and began diligently making your payments.

A typical Mortgage Example

Let’s say your home cost $300,000 and you put 20% (or $60,000) down. That left $240,000 to finance with a mortgage. Assuming you got a low, fixed mortgage rate of 6% for thirty years, your monthly payment is $1,438.92. Over 30 years, your payments equal an investment of $518,012—more than double the original $240,000 you borrowed from the bank!

You need to think about your desirement number in exactly the same way.

Once you have your desirement number and have calculated your monthly payments, you must diligently make your payments each month until you retire. In the book Paychecks for Life you'll see how, by leveraging OPM (Other People’s Money) and the power of compound interest, you'll be building your very own Paycheck Manufacturing Company – and why it will be worth much, much more than simply the total of your monthly contributions by the time you retire.

Retirement has been defined as: "to put out of use."

Is that how you think about your retirement? Let’s call it what it really is – your desirement. The time for the THINGS that you DESIRE to do in life, that you’re passionate about… that you’ve promised yourself you’ll do… "SOME DAY".

All illustrations are hypothetical examples and are not representative of any specific situation. Your results will vary. Hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing. Investing involves risk including loss of principal.