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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: JoanP who wrote (83742)3/21/2001 10:01:06 PM
From: Don Lloyd  Read Replies (2) of 436258
 
Joan -

...I have been thinking about taking some cash and paying off my 6.5% mortgage. It's the only debt I have and it would be a guaranteed return. Please give me your thoughts. ...

Some possibilities to rank ahead of mortgage repayment -

1. 401K with employer match
2. Roth IRA contributions
3. Partial Roth IRA conversions from traditional IRA using your available cash to pay the taxes on the conversions

Regards, Don
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