PPRuNe Forums - View Single Post - Terminal Gratuity: pay off mortgage or invest?
Old 14th Jul 2006, 04:38
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tarbaby
 
Join Date: Oct 2002
Location: UK
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No job is permanent and when you are unemployed the greatest millstone is the mortgage. If this happens do not expect any sympathy from banks and building societies. Even you are employed, the mortgage outgoings can still represent a fair chunk of your after tax earnings. Pay the mortgage off and feel the relief. Best thing I ever did.
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