6 days I’m 55 with $300,000 left on my mortgage and $200,000 in savings — should I focus on paying off my mortgage or boosting my retirement accounts?24/7 Wall St.
Deciding whether to focus on paying off your mortgage or boosting your retirement fund depends on several factors, including the interest rate on your mortgage and the potential returns on your investments. Let’s take a look at a scenario of someone who’s 55 years old and is trying to balance the desire to be debt-free […]
The post I’m 55 with $300,000 left on my mortgage and $200,000 in savings — should I focus on paying off my mortgage or boosting my retirement accounts? appeared first on 24/7 Wall St..
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