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Pay Off Mortgage?
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<blockquote data-quote="59 Dano" data-source="post: 5625301" data-attributes="member: 23516"><p>If there aren't some tax implications for doing so, and the remainder of your retirement funds+SS were enough to provide you with the standard of living you need, I'd do it if it was me. </p><p></p><p>One way to look at it is how would you feel if you had your house paid off and your current retirement funds were $900,000? If you felt comfortable retiring in that circumstance then that's not much different than paying off your mortgage now. Find a finance nerd to run the numbers for you.</p></blockquote><p></p>
[QUOTE="59 Dano, post: 5625301, member: 23516"] If there aren't some tax implications for doing so, and the remainder of your retirement funds+SS were enough to provide you with the standard of living you need, I'd do it if it was me. One way to look at it is how would you feel if you had your house paid off and your current retirement funds were $900,000? If you felt comfortable retiring in that circumstance then that's not much different than paying off your mortgage now. Find a finance nerd to run the numbers for you. [/QUOTE]
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