Mortgage over payments vs pension contributions

[Mikar]

I wondered what people thought about this. I’m currently paying a hefty sum into my pension every month but also have a 100k ish mortgage. Should I focus solely on clearing the mortgage given impending interest rate rises?

[Mikar]

Thanks All,

I’m in my mid-50s and it’s a private pension. Like most I guess, my pension investments have done well over the last few years but have taken a bit of a dive more recently. Part of me just wants to rid myself of any debt ASAP particularly with interest rates on the rise. It’s hard to see through all the effects of fund charges and tax rebates on pension contributions and inflation etc. I will need to get the calculator out!