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Mortgage Vs Savings
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You could always do both. Pay off 10% of the mortgage (you don't say whether you have ERC on your mortgage) this year, and for next couple of years. This would significantly reduce your term and increase your psychological security. The rest save and/or look at pensions and/or invest. That way you have a lot more flexibility if you start earning more or have a paycut- you won't have committed the whole sum.0
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