Brian Fricke, author and retirement planning expert, explains the importance of owning your home free and clear.

Orlando, Fla. – July 30, 2010 – Brian Fricke, CFP, founder of Financial Management Concepts and “Worry Free Retirement” author/expert, recently published an article on his website titled Why You Should Own Your Home Free and Clear, where he discusses the advantages of paying off your mortgage early, as well as some of the most common arguments against early payoff.

“From my experiences over the last couple of decades, I’ve observed that folks tend to have a less stressful and more worry free retirement when they don’t have the burden of debt in their life. Which is why I believe your ultimate goal should be to own your home free and clear at or before retirement,” remarked Brian.

The two most common objections to making extra mortgage payments, as articulated in the article, are “If I do that I’m going to lose valuable tax deductions,” and “mortgage money is cheap. Why shouldn’t I just keep my mortgage and keep the money that I would have used to pay the mortgage off invested in a higher returning investment? Then the difference, or the spread, is mine to keep.”

Brian goes on to tackle each of these issues as well as offer his thoughts on whether paying off your mortgage early is right for you.  “If you have enough non-retirement money available, we think it makes sense to seriously consider using some of it to pay off your mortgage and own your home free and clear,” wrote Brian.

The entire article can be found at http://www.brianfricke.com/articles/why-you-should-own-your-own-home-free-and-clear.php

Orlando Business Journal has named Brian’s company, Financial Management Concepts, one of the top financial planning companies in Central Florida. Financial Advisor magazine – an industry trade journal- has recognized him as one of the leading financial planning firms in America.  Brian Fricke is a Certified Financial Planner. Financial Management Concepts is a Fee Only Financial Planning firm. They currently manage over $98 million of investment assets for a select community of clients.

About Brian L. Fricke, CFP®:

Brian Fricke is the Author of “Worry Free Retirement, Do What You Want, When you Want, Where You Want”.

For the last 6 years in a row Brian and his company – Financial Management Concepts – have been named one of America’s Top Wealth Managers.

Orlando Business Journal has named his firm one of the top financial planning companies in Central Florida. Financial Advisor magazine – an industry trade journal- has recognized him as one of the leading financial planning firms in America.

If you’ve been in Central Florida over 10 years, you may have heard him on the radio. He used to host his own show on WDBO radio. He’s also served on the City of Winter Springs Board of Trustees Pension Fund.

Brian is a Certified Financial Planner. His firm – Financial Management Concepts – is a Fee Only Financial Planning firm. They currently manage over $98 million of investment assets for a select community of clients.

Brian and his team have worked with retirees and pre-retirees from companies like AT&T, Sprint, Harris, Lockheed Martin and Siemens/Westinghouse.

For more information, please visit http://www.BrianFricke.com