6 Moves to Make if You Can't Pay Your Mortgage Off Before You Retire
There was a time when it was nearly unthinkable to retire with a mortgage. However, that doesn't mean it's impossible to make it work.
Overview
For years, the common belief was that a person's mortgage should be paid off in full before retirement. However, life doesn't always work out that way, and today, more people enter retirement with a remaining balance on their mortgage.
Retiring with a mortgage is not automatically a mistake. The key question is whether your retirement income can comfortably cover your mortgage payment and other financial obligations. If you're taking a mortgage into retirement, here's how to make it work for you.
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Source
Originally published at www.fool.com.
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