We’ll cover:
– How mortgage amortization really works (and the hidden cost of compound interest).
– The tax and growth advantages of pensions in Ireland.
– Seven key factors that influence your decision — from mortgage rates to liquidity and tax relief.
– A real Irish client case study showing the numbers side by side.
– The emotional side of the decision — and why peace of mind often competes with long-term wealth.
What’s covered in this video: mortgage amortization and how repayments really work, the true cost of mortgage interest in Ireland, benefits and limits of pension tax relief, how pensions grow tax-free through compounding, tax-efficient drawdown options, comparing mortgage overpayments vs pensions with real examples, seven key factors that influence the decision (interest rates, risk tolerance, inflation, prepayment penalties, hurdle rate, liquidity, tax relief), the emotional vs financial trade-offs between debt freedom and long-term wealth
00:00 Introduction
00:54 Understanding Mortgage Amortization
03:06 How Retirement Savings Really Work
06:19 Seven Critical Factors to Consider
09:55 The Emotional Case
11:06 Real Life Comparison
13:49 What Should You Do?
Credit to : Kevin Elliott Wealth