<prompt> Human: Was curious to hear your guys thoughts on this plan. Given that we seem to see a recession every decade, I dont put much bank no pun in stocks. But even if I did I dont have a lot of disposable income to invest anyway. Once I get my debts paid off I plan on making an extra 130 per month payment on my mortgage. This will turn it from a 30 year to an 18 year loan. In short, my retirement plan is to live mortgage payment free. If I dont have a mortgage payment then my utilities and food will be my only necessities. Should make retirement a lot easier. Ill have less income but Ill have less expenses. Once my mortgage is paid off Ill still have a decade left to work and save.  <response>: Given that we seem to see a recession every decade, I dont put much bank no pun in stocks. Well thats unfortunate given that stocks are continually hitting all time highs in spite of market cycles. In short, my retirement plan is to live mortgage payment free. If I dont have a mortgage payment then my utilities and food will be my only necessities. Should make retirement a lot easier. Ill have less income but Ill have less expenses.Until you need major medical treatment of some kind. Then itll be a lot more expensive.My recommendation would be to cut as much as you can until youre just slightly uncomfortable from your budget, pay off the mortgage and then at least have something for retirement. Having a house is great, but if you cant buy food or pay the bills its kind of pointless, isnt it?Id focus on paying minimums and getting money into the market as you have a better chance at the money growing. 