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Old 09-26-2008, 01:38 PM
JinCO JinCO is offline
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I have both student loan debt and mortgage debt. I will pay off the student loan debt in the next 5-10 years. I don't plan on paying off the mortgage debt until close to retirement. I don't think that it makes sense financially to have your goal to be debt free. For example, I could pay off my mortgage in the next 10 years by using money I could otherwise be investing at a higher return but this would yield me a lower net worth.
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