[quote=harvey]I personally would stress less if I had $800K liquid and $400K debt vs. $400K liquid and zero debt, especially if the cost of that debt were very low and fixed rate.
Accounting net worth is the same – the relative value of the different scenarios are subjective.
Different people value liquidity and opportunity cost differently. In general I think the benefits of paying off a home loan are often overstated.[/quote]
Depends on your age, which I didn’t really get until I started to get older…
