I have read the key post but just looking for some clarity.
I am overpaying my mortgage by €75pm, my plan was to increase this over time as I was going to be 65 when it finished and wanted it gone sooner.
Last year I started a modest AVC in my workplace pension. 5% me 5% employer 1% AVC.
Would I be better off taking the €75 overpayment and putting it in as an AVC?
Mortgage has 19 years left, currently 18 months into a 5 year fixed @2.75%.
Not megabucks I know, but any advice?
I am overpaying my mortgage by €75pm, my plan was to increase this over time as I was going to be 65 when it finished and wanted it gone sooner.
Last year I started a modest AVC in my workplace pension. 5% me 5% employer 1% AVC.
Would I be better off taking the €75 overpayment and putting it in as an AVC?
Mortgage has 19 years left, currently 18 months into a 5 year fixed @2.75%.
Not megabucks I know, but any advice?