What happens if you still have a mortgage when you retire? Surprisingly, many people do! This video discusses the pros and cons of having a mortgage in retirement and examines the reasons behind the common belief that is bad to have a mortgage in retirement. Many are sound, are few are not.

The video also discusses the risks associated with the "promortgagers" point of view and concludes with specific conditions where it might make sense to have a mortgage in retirement.


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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.