Paying off your mortgage before you retire
$225.00
Description
Abstract: A Fannie Mae study found that less than 50% of homeowners age 65 to 69 were mortgage-free in 2015, down 10 percentage points from 2000. This brief article notes that homeowners will probably come out ahead by eliminating their mortgages before they stop working — but not always. The article discusses the pros and cons of paying off mortgages before retirement.
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