Mortage V Pension

A question about : Mortage V Pension

Should people only consider overpaying a mortgage if they can pay a decent amount in to a pension. Where should the priority lie?

I know this will depend on individual circumstances. I am approaching 42. Should I pay more into a pension now to take best advantage of possible growth or go more towards the mortgage where returns are easir to calculate.

Tricky stuff.

Best answers:

• This will depend on your own circumstances
  What pension do you have now? Employee or personal pension?
• thats a great point, for me it's the mortgage free route, mainly for the glory of it, then i will be straight onto boosting the pension or long term savings with what would have been the mortgage premium. i know earliest is best with pensions, but i reckon i'm only 1 - 2 years away from mortgage free day, i'll stomach that!
• In my circumstances I am paying more off the mortgage so by pension time its gone.
  I also have issues with great pensions v free health care for the elderly, if I have a great pension I then have to pay for my health care , if I don't it's free
• I have a personal pension where I pay roughly 10% of salary.
  I have a mortgage of Ј33,000 which I over pay by Ј50.
  This seems a reasonable balance but once I have cleared other commitments I would like to pay more into one or the other.