Debt vs Investing: How retirees can get the best of both worlds

If your loan rate is low, say under 5 percent, and you have already built a decent nest egg, investing might be the smarter choice. Historically, diversified investments tend to outperform the cost of low-rate debt over time. This makes investing a powerful way to grow your wealth while managing affordable debt. So, in such cases, putting money into investments can often pay off better in the long run.