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re: Paying off a mortgage early vs Putting money into an IRA

Posted on 1/3/13 at 10:26 am to
Posted by yellowfin
Coastal Bar
Member since May 2006
97793 posts
Posted on 1/3/13 at 10:26 am to
I don't see any way paying your mortgage would be the correct answer here with the interest rates today.
Posted by LSUAfro
Baton Rouge
Member since Aug 2005
12775 posts
Posted on 1/3/13 at 10:36 am to
quote:

I don't see any way paying your mortgage would be the correct answer here with the interest rates today.

It's not, and it's a peace of mind thing for people more than anything, but these threads are like the, "Where to go in NOLA" threads on the F&D board. At least 2 a week.

No fault though. The search function sucks and people think their situation is unique. It's not. Anybody that refid in the last couple of years under 4.5%, and contributes to a retirement account has considered this.

The numbers don't lie.
This post was edited on 1/3/13 at 10:44 am
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