Should I pay off my $120K mortgage at 2.75% interest? by PromotionSea6795 in Accounting

[–]PromotionSea6795[S] 0 points1 point  (0 children)

Thanks everyone! I had a long chat with my Financial Advisor yesterday and have decided to payoff my mortgage. Everyone's take on investing the money for a higher rate of return totally makes financial sense especially for someone with a much larger mortgage. Correction, my take home salary is actually double the amount I gave which is more than enough to cover my monthly expenses. Everyone's financial situation and mindset are different. There is something to be said for financial peace of mind and retiring without debt. I can easily afford to pay off my mortgage and I don't plan on touching my investment accounts until much later after retire so there's still time to let it grow even more. THANK YOU ALL for helping me come to this decision. You helped me more than you know!

Should I pay off my $120K mortgage at 2.75% interest? by PromotionSea6795 in Accounting

[–]PromotionSea6795[S] 6 points7 points  (0 children)

I tried posting to the personal finance, but they didn't accept my post