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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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January 15, 2004

Real Estate Adviser: Should you invest or pay off the house?

By TOM KELLY
Special to the Journal

The letters and e-mails early in the year -- especially from empty nesters and aging boomers - seem to focus on long term planning.

For example, last week "Mickey" wanted to know if he should sock more cash away into his 401(k) retirement plan or pay down his mortgage. "Earl" asked if made sense to invest in a Dow Jones company's stock or throw the money directly at the principal portion of his home loan.


 
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