Title: Keeping a Mortgage After 65: A ‘No Brainer’ or a Big Risk?
Article Snip: "Conventional wisdom dictates that retiring with debt — especially a debt as large and significant as a mortgage — is financially dicey at best and potentially ruinous at worst.
That’s not how Brian Lindmeier sees it. ..."
Title: Is It Smarter For Me to Use Retirement Savings to Pay Off Debt?
Article Snip: "Generally, it’s best to leave your retirement savings untouched because you want as much uninhibited growth as possible. That said, paying off debt with your retirement savings in specific situations can make sense. ...Weigh Debts Against Investments Not every debt demands immediate repayment. For instance, mortgages are generally low-interest loans you pay gradually. As your equity grows, your home becomes an asset instead of a liability. On the other hand, credit card debt usually has astronomical interest rates that can ruin your finances quickly. Therefore, repaying a credit card debt of $5,000 is immensely beneficial, whereas allocating an extra $5,000 toward your mortgage may not be as advantageous."
Reference: finance.yahoo.comTitle: Retirement Planning: How To Get Out Of Debt Before Retirement
Title: For Feds, Net Worth Is More Important Than Income
Article Snip: "...Here are three big reasons why you should focus on your net worth more than your income..."
Reference: www.govexec.com