Ask Wealthfront: Should I Pay Off My Mortgage Early or Invest?

Ask Wealthfront: Should I Pay Off My Mortgage Early or Invest?

Kevin Teague, CFP

If you have cash to spare and are currently paying a mortgage on your home, you might wonder if you should use that extra cash to pay off your mortgage early (also known as prepaying your mortgage) or invest it. There’s no one-size-fits-all answer, but in this post, we’ll provide a framework for thinking through the decision.?

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Nothing in this communication should be construed as tax advice, an offer, recommendation, or solicitation to buy or sell any security. All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Investment advisory services are provided by Wealthfront Advisers LLC, an SEC-registered investment adviser, and brokerage products and services, including the cash account, are provided by Wealthfront Brokerage LLC, Member FINRA/SIPC.

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