I'm 49 and want to retire at 60. I have a lot invested and continue to do so. I pay an extra $300 on my principal to have home paid off when I'm 60. Should I continue doing that or invest it in a brokerage to grow faster and use those funds to pay it off later?
I have a regular 401k, a Roth, and 2 brokerage accounts. I want to dedicate one of the brokerage accounts to invest the $300/month I was using on the mortgage. . Does this make sense?
Mortgage rate is 4%
I have 600k invested so far and contribute about $1250/month
I owe about 98k on mortgage