Currently have a 650k mortgage. TC is 350k. After listening to Dave Ramsey I’m thinking about using all my RSUs as they vest to pay off mortgage principal at a faster pace for peace of mind. I should be able to pay off the house fully in 5 years. I already have 1 million saved in a brokeage account and another 800k in retirement savings.
I’m 40 and married with a kid. I’m mostly ok with my job, but I don’t see myself getting promoted anytime soon and I’m getting tired of office politics and playing the perf game.
I work in a small remote office in the midwest (think Chicago suburbs, Madison or Ann Arbor) with little chance for advancement, but the cost of living is very reasonable so my living situation is great (live in a big house on the lake). Work can be meh with a few bright spots here and there. Mostly working over video with people in Mountain View and flying out quarterly. Google is pretty much my only high paying option here, thus I’m eager to get rid of my debt since job isn’t guaranteed forever.
Any thoughts on what to do? Pay off mortage with RSUs or put it in a rainy day account?
Btw, nice job getting the $1M + $800K racked up!