Mortgage: Getting closer to the end
Starting your golden years with a paid-off mortgage couldn’t be better. This was quite possible for past generations, but it has become more difficult for present generations. If you do succeed in getting rid of your mortgage though, expect plenty of benefits.
For one, you will have more money. If your mortgage was taking a hefty bite out of your monthly income, not having to pay it any longer is like receiving a raise. Speaking of mortgage, check out 9 Costs You Should Consider When Drafting Your Retirement Budget.
