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If you buy a home with a 7-8% interest rate, doesn’t it make more sense to stop contributing to retirement to pay it off?
If you buy a home with a 7-8% interest rate, doesn’t it make more sense to stop contributing to retirement to pay it off? I ask this because the idea has always been that with 2-5% interest rates, it makes more sense to invest remaining money instead of paying it off due to the market longterm beating your interest rate. with interest rates going up and our market seeing the tail end of many benefits it has had (like economy growth through women entering the work ...
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