Hi! Andrew's article is great and provides excellent pros and cons on what you might want to do about paying off your mortgage early. Personally, his point about "peace of mind" is so strongly appealing to us that we paid our low-interest rate mortgage off early instead of investing in places where we may have been able to earn a higher rate of return (of course there's always risk in investing and no guarantees!) To own a home free and clear was of great importance psychologically to me and my husband.
I'd like to add that even if you have to concentrate most of your money on paying your mortgage, it would be worth saving/investing as SMALL amount as you go along on those 17-25 years. You might have to deny yourself other immediate "wants," but it's worth the effot because it is time that makes your money grow. Also, if you have access to a company 401(k) plan that matches part of your contribution, you want to save/invest enough there to get the full match. If the company is willing to give you extra money, you don't want to turn it down! Best wishes to you and thanks for writing!
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