My husband will inherit $180K. I think we should invest the money. He wants to pay off his $168K mortgage. Who’s right? - MarketWatch
1. The couple faces income halving and substantial mortgage payments. 2. Advice includes paying off half the mortgage with inheritance funds. 3. Market volatility is expected; S&P 500 shown to be currently affected. 4. Long-term investment in diversified funds is encouraged over individual stocks. 5. Economic uncertainty suggests considering defensive investments like bonds or gold.