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Should you pay off your mortgage before retiring? Maybe not.
Rushing to eliminate your mortgage before retirement could leave you cash-poor and unable to handle emergencies.
Rushing to pay off your mortgage can quietly drain the retirement accounts you'll need most. Here's why timing and balance matter more than speed.
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Paying off your mortgage isn’t always best. Consider offset accounts for flexibility, and diversify into super or investments ...
Even if the sum you owe is significant, there are usually options to spread the payments over time or negotiate a hardship ...
Low mortgage rates from the COVID era might still be attainable for homebuyers, if they find the right house and have the ...
Here’s what to consider.
On one hand, you could aim to pay off your mortgage principal faster to save on interest and reach debt-free status sooner.
Owning a home free and clear is a dream for many Americans. And for over 40% of them, it’s already a reality. If you’re part of this group of people who have paid off their mortgage, congratulations.
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