I have 26 years left on a 4.75 percent mortgage. 111k balance left.
I have 170k in an in an inheireted IRA.
Should I cash that out and pay off the house? After taxes I would have enough to do so. I would save a ton in interest which would seemingly offset what I would earn on the IRA if I just take the RMD yearly and leave it alone.
Submitted July 22, 2020 at 09:23PM by effectivelysingle https://ift.tt/2WNv0Yb
