Personal Finance Canada

I'll readily admit that my situation isn't common. I almost have enough money in my TFSA alone to wipe out my mortgage. But I've easily gained several years worth of interest expense. And while I don't expect that it'll stay that way forever, a drop of more than 10 or 20% is... unlikely.

In fact, you've got me thinking that when my mortgage comes up for renewal in a couple years, I may opt to cash out some savings to wipe out the mortgage, and take another look at early retirement.