Post #618 by rayvt on the Retirement Investing board

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Personal Finance Topics / Retirement Investing

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Real example of why not to pay off your mortgage.

Depending, of course, on what your current mortgage interest rate is.

Federal Home Loan Bank bond with coupon of 5.89% and a maturity date in May 2045. First call date May 2026.

Or 20 Year Treasury at 4.86%

If you have a mortgage below 4.5% and are thinking of paying it off, don't. Instead put that money in one of these.

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