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Ask Suze & KT Anything: No Savings, No Retirement Plan, What Do I Do?

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

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Should I Pay Off My Mortgage or Purchase a CD?

I've owned my town home almost 13 years, but I plan to sell and purchase a single family home in two years. My mortgage principle is about $84,000 at 4.75% interest. Should I pay off my mortgage or purchase a CD? All right, so Alex, this is a hard one for me to answer because I don't really have enough facts. If I were you, I would be investing right now in either CDs or treasury bills.

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