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  • Here's another thing to consider if you have a partner.
    You may die before you get your pension or pay off the mortgage.
    If your partner is joint owner then they get the house. If you have adequate life insurance this pays off the mortgage. If you have specified your partner as beneficiary for your pension then they will also get your pension and possibly death in service benefit.
    In this scenario it pays you (them) to put any extra cash into the pension.

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