Depending on who you talk to, you might get conflicting advice on whether you should pay off a mortgage before retiring. There’s never one answer that applies to everyone, but one of the reasons people consider keeping the mortgage is to benefit from the tax deduction. Is that correct? We’ll explore that question and more on this episode.

 

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What we discuss in this episode: 

0:19 – Mailbag question on SIMPLE IRA  

1:53 – Different types of employer accounts

5:15 – Mailbag question on having a mortgage in retirement

7:19 – Money Map retirement review