Should I Pay Off My Mortgage Early If I Have The Means?
Last week I talked about how there’s no “magic” in those “pay your loan down faster” schemes/ads. However, there is another, more valid discussion to be had surrounding whether or not to pay your mortgage off if you have the means. Maybe you have money in a retirement account and you’re considering using that to pay off your mortgage. Should you? The answer, of course, is 'it depends'.
Here’s an article that I think does a good job discussing the various points to consider. It's from 2013, but the principles still apply...
ABC News Article
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Have a great weekend!