In this episode of Pay Off Debt or Build Wealth?, Jake Carson and Lily Morgan dive into a classic financial crossroads faced by many: whether to focus on paying off a $150K loan at 6.5% interest or to continue building a brokerage account. With $10K monthly going into investments and a goal of retiring in 10 years, our listener is weighing the benefits of accelerating their loan payoff to free up an extra $12K annually in expenses versus taking advantage of potential market gains. We discuss the pros and cons of both strategies, considering market performance, peace of mind, and future flexibility. If you’ve ever grappled with prioritizing debt reduction over wealth accumulation, tune in as we break down the factors to consider and help you make the best decision for your financial journey!