# If I had a million dollars....

**URL:** <https://boards.straightdope.com/t/if-i-had-a-million-dollars/709649>\
**Category:** In My Humble Opinion\
**Created:** [January 12, 2015, 8:51pm UTC](https://boards.straightdope.com/t/if-i-had-a-million-dollars/709649 "2015-01-12T20:51:05Z")\
**Posts on this page:** 1\
**Page:** 5

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**Author:** ![Bill\_Door](https://avatars.discourse-cdn.com/v4/letter/b/50afbb/32.png) [@Bill\_Door](https://boards.straightdope.com/u/Bill_Door)\
**Post date:** [January 19, 2015, 5:46pm UTC](https://boards.straightdope.com/t/if-i-had-a-million-dollars/709649/81 "2015-01-19T17:46:21Z")

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> [@bump](#):
>
> Doesn’t it highly depend on the APR that you’re getting and the time remaining? I mean, if your mortgage APR is like 8%, it would behoove you to pay it off ASAP. But if you’re only paying 4%, the market can underperform by 4% before you start to pull even with paying it off vs. investing. Similarly, if you only have 4 years to go, it makes sense to pay it off- you’re not likely to make much money in such a short period, but if you have say… 15, you can.

Yeah, I’ve got 8 years left on a fixed 2.875% mortgage so it would take a pretty crappy investment to not be able to beat that return. I’m doing a little better than 10% since May 2013 when I rolled my IRA over to a new brokerage.

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