Have you asked yourself,” Where should I invest my money?” Use our calculator to help you determine if you should use extra money to pay off debt or invest.
Interest rate on debt is assumed to be a risk-free obligation. Investment return may be higher but it is variable. Typically, investment returns in taxable accounts are a combination of interest, dividends, short- and long-term capital gains, which may face different tax rates.
Results are not a complete assessment of all factors required to make a final decision. Contact one of our investment advisors for more complete information based on your personal circumstances