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Should You Carry Your Mortgage Into Retirement?

Part of the rosy picture associated with retirement is the thrill of kissing that monthly mortgage payment good-bye—on the presumption you’ll have paid it off by then. Lately, there has been a shift in thinking that has seen many financial planners suggest that retirees continue to carry a mortgage into and throughout retirement. Reinvest the money from your home equity, and suddenly you’ll have a stream of new income, making your golden years a little more golden.

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