Tag: mortgage
A new study finds that debt burdens have grown for older workers and retirees in recent decades. But this isn’t the first research to reach that conclusion. What is new is whose debt burden is increasing the most: the people who score higher on simple memory and math tests. Across the three age groups t…
Baby boomers love to discuss this age-old question: Should I pay off the mortgage before retiring? Our blog readers fell into two camps in their comments on a recent article. Some made an emotional argument – that a mortgage-free retirement makes them feel secure. The other camp argued that paying off the mortgage does not…
