We have no debt except mortgage ($60k remaining from $120,000) and a fully stocked emergency fund. We only have $10k saved in retirement as of now.
Should we pack as much as we can into our Roth IRA? $900/mo will max out both our funds, but there is some peace in thinking we instead get the house paid off in 3 years and then have the $1,200 plus $500p+i to max the Roth and contribute more to our 401k. We are currently matching the 4% from my company.
It seems that if my funds beat 3.375 it is smarter to place my money in the market, but is there a psychological advantage to having a paid for house?
Submitted January 23, 2017 at 11:41AM by CleanFlow http://ift.tt/2jUbsPD
