I’ve previously written about this topic – should you pay off the mortgage early or invest – but I realize that post was sorely lacking the math. Today, I want to take a deeper look at the discussion to give a more thorough answer to the question – should you pay off the mortgage or invest? Watch out! I’m about to unleash the geek inside and let him run some math with the calculator. This post … [Read more...]
Should I Pay Off My Mortgage or Invest?
Beware, financial geeks. You’re not going to like my answer to the question, "Should I pay off my mortgage or invest?" Not to worry, I've since gone back and added the math analysis regarding paying off your mortgage I’m making a few assumptions as I begin this post. Pay Off Mortgage or Invest? Starting Assumptions If you’re asking this question, you’re in great financial shape. All … [Read more...]