When it pays to have a mortgage in retirement—and when it doesn’t

According to the Federal Reserve, nearly 38% of those ages 65 to 74 had mortgages or home-equity lines of credit on a primary residence in 2019, the latest year for which data is available.Premium
According to the Federal Reserve, nearly 38% of those ages 65 to 74 had mortgages or home-equity lines of credit on a primary residence in 2019, the latest year for which data is available.
 wsj 5 min read . Updated: 06 Sep 2022, 06:37 PM IST Anne Tergesen, The Wall Street Journal

Higher interest rates have changed the math on what was recently a straightforward decision, advisers say

Quit your mortgage before you quit working.

Post your comment