BiggerPockets Money Podcast

554: Should I Pay Off My Mortgage or Invest? (We Did the Math)

Aug 13, 2024
Mindy, a savvy investor who made a six-figure profit by not paying off her mortgage, argues in favor of investing. Scott, who recently purchased his home outright, advocates for early mortgage payoff as a path to financial independence. They delve into the pros and cons of each strategy, exploring how individuals approaching retirement can significantly reduce their FIRE numbers. With insights on opportunity costs and tailored financial strategies, this discussion is packed with valuable advice for those navigating their financial futures.
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