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Old 11-16-2014, 06:54 PM   #57
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by CalgaryFan1988 View Post
A financial advisor would recommend paying off your mortgage. At least in my experience.
I am a financial advisor, CFP and working on my CFA. I would tell you that it does depend on your exact situation, but if the point is long term wealth creation, I wouldn't put it on the mortgage. I would invest it for sure, and almost surely over the long term not lose any sleep to beat that 3% mortgage savings as an alternative.
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