I've posted my case study before and got some good feedback from this group. Since then I've done a good job maxing out available tax friendly options (401k, HSA) and paying down debts.
I have a few debts left, biggest is ~$198k mortgage at 4.875% (30 year done in '09)
I haven't refi'ed because of 1) LTV and 2) I want to pay off quick and not incur the fees.
My question is - I am going to throw all my cash at the mortgage and hopefully knock out in 2yrs. This includes my monthly savings, bonus and after tax stock vesting.
Other than my 401k plus match (maxed out) I won't have savings going into investments aside from my employer's restricted stock. Stock is not mine unti it vests, typically annually. I have a significant amount, call it $400k pre tax that will vest over the next 5 years. Can I think of this as my "investing" until I get debts paid off and can start putting all savings into a taxable account? I have upside/downside risk until I can sell once it vests. Stock is a S&P 500 professional services firm. Beta = 1.00, and generally fairly good at tracking the index plus a bit of upside over the past 5-10 years.