Debt versus savings
I have a 15 year mortgage of $300,000 at 2.25% and am 57. Is it better to pay it down or max my 401k contributions? How does inflation play into this? I’ll be paying my mortgage with devalued dollars as inflation rises.
Terry Says
You have a GREAT mortgage rate! MAX OUT your 40l(k) contributions — especially if you get a company match!
