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Topic | Pay off mortgage faster or max 401k? |
Sackgurl 10/27/20 3:24:20 PM #18: | Cleo_II posted... But he doesnt entirely trust that our 401ks will be worth anything by the time we retire (17 years for him and 30 for me). show him the 10% worst case monte carlo outcome and its associated growth rate then show him that even that rate is higher than your mortgage rate and then point out that the actual savings for the mortgage path isn't the rate but the rate delta you're entirely right and he's wrong also you could probably refi to a new 30-year for free at a somewhat lower rate than your current. ask your direct lenders. --- LittleBigPlanet is like merging dress-up with a real game. ... Copied to Clipboard! |
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