Quote:
Originally Posted by rustyp
No it is as simple as this - you save 100%of the interest owed if you pay off the bond. Now you can complicate this buy betting on the cum schemes.
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You do save 100% of the interest, but you also lose 100% of the cash used to pay off the bond...that would otherwise be invested/in the bank.
Cash that might be needed for unexpected expenses...or longevity that exceeds what you've 'planned' for.