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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]I carry debt because I have to use my money to accomplish multiple goals simultaneously. I need to build/have emergency savings, I need to save for retirement, I need to maintain my home, etc. If I didn't need to spend money on those other things and I didn't need to carry the debt in order to own a house, I don't see any reason to continue to carry the debt. But that approach to funds hinges on recognizing when I have enough money. If I didn't think 2M was enough money for my long terms needs/wants/goals, I can understand continuing to invest over paying off my mortgage.[/quote]
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