When you retire, you deserve to enjoy years of relaxation and stress-free time doing the things that make you happy with people you love. One of the best ways to make sure this happens is by paying off your mortgage before you enter your retirement years. In this article, we’ll show you the freedom that mortgage-free living in retirement can offer, and we’ll also tell you how to get there.
Living the Mortgage-Free Life
First off, should you even retire without paying off your mortgage? Columnist Michelle Singletary notes that mortgage payments are the biggest expense that retirees face, and getting rid of this bill means that other important payments can take its place.