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Joined: Jul 2011
Posts: 39,962 Likes: 130
Freak of Nature
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Freak of Nature
Joined: Jul 2011
Posts: 39,962 Likes: 130 |
Interest rates like yours (and mine too) will never come back around again. I’d keep the mortgage, put enough of your cash aside to live through the winter, and invest the rest. Anytime you have to pull from that stash, I’d replenish it asap, then back to investing. Look into opening a Roth in addition to your 401k and you can dump any leftover paycheck money into that. Lots of good answers here, but this is the approach I’d take. Good point and advice CD, that low rate on the mortgage is an asset.
"Why do you ask"?
Too many people spend money they don't have , on things they don't need, to impress people they don't know.
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