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Reply to "If you were to inherit $2 million, would you pay off the remaining $150k of your very low interest mortgage?"
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[quote=Anonymous]Why is it so freeing? Our mortgage expenses isn’t that much. Like OP, we expect a significant inheritance in the next few years plus have $2 M net worth on our own. We just lowered our 401K contribution to be the company matched amount at around 4% vs the max contribution possible which will increase our monthly CF since our income isn’t that high and college is funded by a 529. I guess paying off the mortgage would free up more cash flow, but we like having the savings in case we need it for something big. [/quote]
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