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The overpaying on mortgages makes me wonder.
Yes - it often portrayed as being a simple win - but that doesn't take in to consideration the other things you could have invested the money in. If you do start to consider that then things get complicated however so I can see why they don't.
Is it better to overpay a mortgage or add extra money to a pension fund? I'm 46 btw.
Depends on the type of fund and the size / cost of the mortgage, and whether you are in the higher tax bracket etc etc. See - it gets complicated whereas paying down debt is simple advice that is very rarely completely wrong. Unless you have a time travel machine and you can go back to 2009 and buy Bitcoin at 50p.
Howard
Hmmm...
The overpaying on mortgages makes me wonder.
Is it better to overpay a mortgage or add extra money to a pension fund? I'm 46 btw.