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  1. K

    Liquidate TFSA to pay off Mortgage or renew at 5.7% 5 yr Fixed?

    @sofarfromfaze You’re misunderstanding the point that was made. By using the funds in the TFSA you are losing EXTRA “contribution room” that would have been created through investment growth. If you keep your TFSA maxed at 140k and assume a 5% annual rate of return then after year one you will...
  2. K

    Liquidate TFSA to pay off Mortgage or renew at 5.7% 5 yr Fixed?

    @sofarfromfaze No but it’s tax free money that has grown over time that you don’t have access to if you drain the account.
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