If you had extra money,? The response can differ depending on your situations.
Here’s this week’s question:i converted 65 last month and i’m still operating full time and desired to obtain your opinion on whether you believe it’s best for someone my age group to sock apart extra money or pay out down my mortgage? I don’t possess more than enough in my 401(e) to retire on, and i still have a mortgage balance of a little over 100k on my home. Let’s take a nearer appear. Retirement program vs. You’ll possess to pay out taxes on that money and the curiosity it earns when it’s taken, but theoretically you could end up being in a lower tax group when that happens.