I'm lucky enough to be 43 years old with zero credit card debt, no car loans, and a mortgage in arms reach of a payoff. 4.375% rate on mortgage. I'm debating on just knocking out the mortgage. I'm investing in high yield stocks, doing 10% in a 401k, etc. I feel like with the market run I could go with the lock paying off the mortgage. On the other hand I'm investing in companies that yield 3.5-6%, but that is taxable and not guaranteed returns.
Anyone in this scenario? No real correct answer without a crystal ball. Kevin O'Leary says pay off your mortgage by 45 if I go with his advice.
Anyone in this scenario? No real correct answer without a crystal ball. Kevin O'Leary says pay off your mortgage by 45 if I go with his advice.
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