Is It Smart to Pay Off Your Mortgage?
If you’ve ever considered taking some extra money and paying down (or paying off) your home mortgage, you may have found that arriving at a decision wasn’t as easy as you thought. The choice usually is this: either put those funds toward the mortgage, or invest it and hope for greater net returns. There are two aspects to consider here: the emotional and the rational. And those two are often in conflict with one another. How do you decide what to do?