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Reply to "Spouse Insistent on Paying Mortgage Off Early "
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[quote=Anonymous]The bottom line is that with a net worth of $1.1M in your early 30's, it doesn't matter what you do. You will have more than you need barring catastrophe. With that in mind, compromise with your husband. Make a plan to save at least 20% of your gross income to your investments and also pay down the mortgage. In a marriage, both partners have a say in how money is spent. While paying off the mortgage may not be ideal (you'll only know in retrospect), it isn't a terrible idea. We paid ours off in our 40s. We would have more money if we had not paid it off. We have no regrets. We have more money than we need regardless of a few extra $100,000.[/quote]
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