Article Summary: To Pay Off Mortgage or Invest?
– Key Points:
– The dilemma of whether to pay off mortgage or invest is common among individuals aiming for Financial Independence, Retire Early (FIRE).
– Eliminating a mortgage allows for more funds to be directed towards investment, potentially leading to higher returns.
– However, investing instead of paying off a mortgage could result in long-term gains that may outpace the benefits of being mortgage-free.
My Hot Take:
Why not do both? Paying off your mortgage while also strategically investing could be the winning combo for achieving FIRE. Just make sure you’re not burning your financial future with risky moves!
Original article: https://www.biggerpockets.com/blog/money-554


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