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Look up the amortization for a 15 year mortgage and pay off your house at least that quickly if not sooner. That is a better investment than a 401K IMHO.
That will build real equity in your house in case you want to trade it in (sell it) for another at some point in your life.
30 year mortgages are making more money for the banks and mortgage investors. You might as well keep some of that interest money since you don't have any cash flow problems now.
Quoted from CaptainNeo:Pinball is the reason to buy a new house. for me anyway. You run out of room, have to buy a bigger house to hold more games.
And for those that say it costs 30k to live, with no wife, no kids and house paid off? I call bullshit. I can survive making 9-12k a year, with house payments, and a wife and kid, sure the hell doesn't cost 30k when your only expenses, are property tax, food, utilities and gas. Unless you bought a bunch of shit you didn't need and making payments on it.
Maybe in Wisconsin but my property taxes alone are what you think you can survive on. Welcome to Illinois! $30K here is a reasonable number once the house is paid off and assuming you are not changing anything (remodeling or buying new furniture).
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Rockford, IL