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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][quote=Anonymous][quote=Anonymous]DH and I inherited $3M in 2021 after having just refinanced our $750K mortgage into a 2.4% 30-year fixed. [b]We donated half of it to charity (as I assume you did as well, OP)[/b], which left us with $1.5M. We used half of that to pay off our mortgage so that we have no debt of any kind. The remaining $750K was invested in the stock market and we now have almost $3M again…plus no debt and the satisfaction of having donated $1.5M to help those less fortunate than us. [/quote] Why do you assume that OP donated half of their inheritance to charity? I certainly wouldn't. [/quote] Because only a selfish and greedy person receives a gift without paying some of it forward. This is common etiquette and integrity – sounds like you possess neither. [/quote]
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