The Chiro Money Show

026 | Pay Off Your Mortgage or Invest — Which One Wins?


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Should you throw your extra cash at the mortgage or put it to work in the market? On pure math, investing that extra $500/month wins by almost $80,000 over 20 years — but the math doesn't account for how you'll actually behave when markets drop 30%. We break down the numbers decade by decade, talk about why Morgan Housel calls paying off his mortgage the best money decision he ever made despite it being the worst financial one, and help you figure out which side of this debate is right for your situation.

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The Chiro Money ShowBy Scott Campbell, Chris Scheele