We’re in our 70s. Should we pay off our 2.5% mortgage — or put the money in a high-yield savings account?
Summary
An elderly couple is weighing whether to clear their low-interest home loan or prioritize cash savings instead. They are concerned about needing a significant amount of money a decade from now.
“Let’s say 10 years from now, when I’m 84, we need a substantial amount of cash.”
Source: Read the full story at MarketWatch.com - Top Stories
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