What if you have a mortgage with 2.5% interest? Even if I had enough liquid assets to pay it off, I wouldn’t with the current market.
It's about individual tolerance for risk and ability to sleep at night knowing that the bank still holds the title to your house.
The math may not be optimal but your sleep will be.
It's about individual tolerance for risk and ability to sleep at night knowing that the bank still holds the title to your house.