If you have lower-interest loans designed to be paid off over the long haul -- like student loans or a mortgage -- then early payoff may not actually be for you. These kinds of debts may have low rates and interest may even be tax deductible, depending on your income and tax filing status. It doesn't make much sense to pay off this type of debt early when you could earn a better ROI by investing in the stock market.If you have credit cards, medical debt, or personal loan debt at a high interest rate, then y ...

If you’re a millennial, chances are you’ve had a thought or two about retirement planning. No longer the up-and-coming generation, those born between 1981 and 1996 are here and now. “Here” is in an uncertain economy where homeownership is territory only the oldest in this age range might have ventured into, with the average age of first-time home buyers being over 40. And “now,” for many millennials, is “20-something” years to retirement or longer. While the retirement age is officially considered 65, you’ ...