I Paid off the Mortgage

I paid off the mortgage this week, and I am ecstatic! I know it is more of a mental change than an actual change in finances, but the big life accomplishments don't come around as much as when you are younger. So, I celebrate them when I can.

We still had 4 years at 3.25%, and I know conventional wisdom is to invest it. I am approaching retirement and I have 4-5 years worth of expenses in fixed income, so the spread on what I am making over the rate is small. Now I can take that monthly payment and put it back into longer term equities.