<prompt> Human: Jokes aside just dont spend any money in eight years dummy, whats some advice or financial paths I could take?I dont have many bills minimal mortgage and utilities and have played with the stocks before, but want something with less turmoil and confidence.:EDIT: Maths.Assistant: Well. If you want to do it in 5, I have a pretty good feeling about this little filly whos running in the fifth race at Aqueduct tomorrow.If you want to do it in 10? Lets hear some more about your financial position. Is 120K your gross or your take home? What is your expected take home pay? What are your bills I didnt understand if meant you have a mortgage and utlities or do not?Do you have a 401k at work and do they offer matching?Do you have any other assets or do we assume everything starts from zero?Human: I run my own online business. 120k is after COGS, merchant fees, etc, but before taxes. I dont have a 401k or any retirement plans at the moment. Just savings.My mortgage is 550mo, utilities around 200mo. No car payments, no debt other than business credit cards that I pay off each month. I do have an equity loan at 17k that I could pay off tomorrow if I wanted. I am trying to save up a few more thousand so that I dont really feel the hit when I do pay it off.My mortgage 550mo has a payoff of 55k. One route that is appealing to me is pay off the equity loan and the mortgage as soon as I can. Thats just under 73k, so could have that done by the end of 2014, easily providing my sales dont die away.After that, Im basically 100 bill-free in all forms, other than taxes and utilities. :EDIT: This appeals to me because I live in constant fear of my sales drying up for reasons I wont go into here. If the house is paid off, I can work at McDonalds and still have money left over.:EDIT 2: Math.Assistant: Whats the interest rate on your mortgageequity loan. Might not want to be in a rush to pay that off depending on your answer.Human: 6 on both. Assistant: Hmm.. thats a bit high. Yeah Id say pay them off if you cant get them lower. Pay off the equity first, the mortgage, try to refi that to 3 once you pay off the equity, you might have the credit score to do that. Once you get it down to 3 mild investments in the market should be able to outperform it easily so dont pay it off early.Human: Its funny, bc when I bought the house, 6 was very desirable. I used a federal military mandate to get the equity from something in the teens down to 6. I know its a common idea to invest in a situation that yields higher percentages than ones debt, but it seems awfully roundabout when paying a debt in full has immediate advantages.What kind of math would make me say, Yeah, I should invest at x instead of paying off xxx at y?:EDIT: Credit score as of last week was 710.  <response>: Refi to 3 if you can. Not the equity, thats too low of a balance to refi, but if you still have a bunch left on your house, go for it.What kind of math would make me say, Yeah, I should invest at x instead of paying off xxx at y?The kinda math that runs the world.Opportunity cost.You can save 6 risk free by paying your loan off earlier. Thats pretty hard to beat, so I say do that if you cant refi. 