[HDPM]

There were good posts above. I lean towards paying the mortgage for a few reasons. And I am assuming you can pay it off and still have other things working. Anyway, however you cut it, having a house paid for gives you a lot of comfort. Psychological yes, but you need less to live on all of a sudden. That means you might be able to invest in a few riskier things. Or decide to work for less money. And of course, it takes a little less cash to live on if you decide to live on investments. And isn't that why we invest? To be able to live the way you want? Having a paid for house is a massive step in the right direction. Not foolproof. Not a guarantee of course, but it is big. Let's say your mortgage is 1500/mo. How much do you need invested to guarantee a return that gives you 1500/mo after tax, month in, month out. Paying off the house not so bad IMO.