[Fern]

I guess this question has been asked before, in various forms, but i think the answer also varies according to individual circumstances.

So, what do you think, if i have extra money, should I:

* make extra payments toward a 6% fixed mortgage of about $86K?

* increase my current 401k contribution from 7% to 10%

* do both?

I am single and 46, no other debt other than the mortgage. I admit that paying off the mortgage has a strong ppsychological appeal to me.

I've seen some people argue against paying down the mortgage in order to preserve theincome tax deduction on the mortgage interest. This has always seems am illogical point to me since the idea of incurring mortgage debt is not to continue it for the sake of a tax writeoff. Agree?