How to spend Inheritance???
I am going to be coming into some money shortly when my deceased grandmothers home is sold. I owe about 9 more years on a mortgage that is 5.5% I don't have much consumer debt, but I also don't have much in savings or retirement. My questions is should I pay off my mortgage or should I invest the money. My brother says to invest the money and keep on paying the mortgage, but it seems like I could save a lot of money by paying off the mortgage. Then i could really step up my saving for retirement. What is a girl to do? I don't know much about stocks or investing.