Should You Have a Mortgage in Retirement?
July 27, 2009 by Mr. GoTo
Filed under Mortgages, Debt, and Credit
It used to be uncommon to retire with debt. Even less common was retiring with a mortgage. Not any more.
According a new report from the Center for Retirement Research, in 2007 41% of households aged 60-69 had a mortgage. Remarkably, half of those mortgage debtors had sufficient assets to pay off their mortgage. Read more
How to Pay-Off a Mortgage
February 16, 2009 by Mr. GoTo
Filed under Mortgages, Debt, and Credit
This is a chronological summary of the practical steps we recently followed to pay-off the mortgage on our vacation home. Hopefully you will have the opportunuty to reach this milestone in your financial plan. If so, perhaps what we did will help you through the process when the time comes.
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