The book The Millionaire Next Door revealed, for the first time, that there were strangers living among us. No, not zombies or even Tennessee fans, but rich people, only disguised as you and me.
There is a natural, and understandable, instinct in most of us to want to pay off our mortgage as soon as possible. In fact, it’s considered a kind of rite of passage. Yep, the missus and I paid off the house and finally have the kids off the payroll, now we can save for our retirement! But, is paying down your house or other debt early really the right thing to do for your long-term best interest?