Pay off Mortgage, Leave in Money Market or IRA?
Hi Terry,
I recently bought a townhome and have a 30 year fixed mortgage. Normally I also put money into my Roth IRA every year. I am wondering, in general terms is it better to pay off my mortgage, put the money into my Roth IRA, or just keep it in my Money Market Account to earn interest?
Thanks,
Terry Says
How old are you?
What’s your mortgage rate?
How much money do you already have in retirement savings?
I can’t even give a general opinion with no info!
