In a recent conversation with a long-term client, Rush Griffith, a Schwab financial planner in Dallas, discussed a decision she was grappling with: paying off her mortgage or keeping her money in ...

Is that a smart financial move? The decision of whether to pay off your mortgage before retirement should hinge on how much you've saved for retirement, your cash flow and how your investment ...

For people who may have purchased a home more than a decade ago where they locked in a low interest rate, around 2% to 3%, ...

In many cases. paying off your mortgage early may not be the right financial move, depending on that money's ability to ...

After all, if your retirement expenses are less because there are no more mortgage payments ... If you can’t pay your house off before you retire, and if there’s a good-sized balance (or ...

“I think it’s critical to pay off your mortgage before retirement,” continued McNabb. “I’ve always believed in the peace of mind that comes with owning your home outright.” He even ...

“Clearing auto loans before retirement reduces monthly outflows ... Most advisors and experts advise (you) to pay your home mortgage off before you retire. This is ideal, of course.

Consumers have to trade off preserving their capital for retirement and meeting their monthly financial obligations.

Once you pay off your existing mortgage, you will no longer have to make any monthly repayments, freeing space in your budget for the things that matter most to you. Retirement should be a stress ...

But tapping your IRA before you retire is ... In sum: there are two sides to retirement planning -- accumulate wealth and reduce spending. Paying off your mortgage is preparing for less income ...