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We are in our 70s. Should we pay off our 2.5% mortgage or build up our savings?

“Let’s say 10 years from now, when I’m 84, we need a substantial amount of cash.”

We are in our 70s. Should we pay off our 2.5% mortgage or build up our savings?

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More in Finance & Markets

UK raises student visa proof of funds to £14,130 from November 30

The United Kingdom has announced an increase in the financial requirements for international students applying for study visas, with applicants studying in London expected to demonstrate access to at…

  • UK raises student visa proof of funds to £14,130 from November 30, 2026
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The rand softens as oil prices rise, Fed in focus

At 06:52 GMT, the rand traded at R16.68 against the dollar, down 0.2% from its previous close

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