I Earn $130,000 but Am Terrified of Layoffs. Should I Stop Funding My 401(k) to Pay off My Mortgage?

January 31, 2026

Money, January 31, 2026

Hillary Stalker, executive vice president at CapWealth, provides insight to Pete Grieve at Money about the importance of prioritizing saving for the long-term over paying off mortgages. "With such a long runway until retirement, I think that there are other areas to focus on to give him peace of mind. It would be an opportunity cost to him to pay off the mortgage and give up saving for retirement," Stalker says.

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