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Should I Pay Off My Home and Have No Mortgage in Retirement?

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The Fed Corner - Federal Retirement Planning

In this video, I discuss what it's like to pay off your home and have no mortgage in retirement. Many people want to get rid of their mortgage before retiring.

For some, this can be a smart move. But for others, it can be a crippling decision that changes the trajectory of their retirement plan. I'll discuss some of the variables that influence retirement success, how you can think about this yourself, and how apply this thinking in your own life.

I also cover a special consideration on federal employees should be planning their retirements to give them the best chance of having a meaningful and fulfilling federal retirement.

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The Fed Corner is a purpose built channel of information and financial planning strategies specifically designed for federal employees. We're fiduciary financial planners by trade, and we talk about money, building wealth, navigating your federal benefits, financial planning, the economy, the markets, and more. The things we talk about on here are not to be taken as advice, visit our site for disclosures and seek help from appropriate advisors.

Copyright © 2024 The Fed Corner All Rights Reserved. Investment Advisory services offered by RMG Advisors, a registered investment adviser. Reviewing, posting, commenting or otherwise engaging on this site is not intended to be endorsements of RMG, our advisors or our services, and are not compensated. Activity on this site is not a substitute for working oneonone with an investment advisor and does not constitute an engagement. RMG only provides advisory services when a financial services agreement has been executed. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users.

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posted by Grootlyboammakj