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AIBU?

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To over pay mortgage rather than pay in to pension

127 replies

Jroseforever · 10/11/2020 06:45

Thoughts?

Every month I overpay mortgage by 20%

Any bonus or windfall... I put straight in to mortgage.

I am late thirties and hoping to have paid off within 10 years, which is realistic. It’s a lovely property in very sought after area of SE England, valued at £600k.

But my pension... since stopping working (to retrain) I don’t pay in to and have never really prioritised.

Total fund of about £60k but not growing obviously.

Would really appreciate thoughts.

Thanks.

OP posts:
nannybeach · 17/11/2020 07:58

My DH paid into a pension for 30 years, I hought that was marvelous, NONE of the predictions are fact

AcornAutumn · 17/11/2020 09:29

@nannybeach

My DH paid into a pension for 30 years, I hought that was marvelous, NONE of the predictions are fact
Do you mean in terms of how the invested funds have performed?
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