We don’t have a 401k unfortunately. We have a profit sharing plan and it sucks. As far as a Roth IRA I’m not necessarily trying to put a big chunk of my money towards retirement at 37 years old. There are still plenty of things we need the money for along the way. I’m definitely going to try to learn more about investments though
Even in a high yield savings account at 4% return (this is how we are currently investing) her 70+my 50 would would only get us $33,600 in that 6yr period that’s less than half of what we would save on the interest of the mortgage
Niko120 OP t1_jaf3oca wrote
Reply to comment by bassjam1 in Should I pay off my mortgage early? by Niko120
We don’t have a 401k unfortunately. We have a profit sharing plan and it sucks. As far as a Roth IRA I’m not necessarily trying to put a big chunk of my money towards retirement at 37 years old. There are still plenty of things we need the money for along the way. I’m definitely going to try to learn more about investments though