Blind Spot #5: The Home Mortgage – Should I pay it off?
People want to have the piece of mind in retirement. Knowing that they are debt free and don’t have a house payment can play a big part in being able to relax and enjoy retirement more. Yet, using a large portion of retirement savings to pay off your mortgage may not be the best move for long-term retirement security. There are ways for you to take control, and keep the bank at bay. There are also ways to accelerate your payoff while not giving up a significant chunk of your savings. Weigh the pros and cons of paying off your mortgage carefully.
About Coach Pete D’Arruda:
A Registered Financial Consultant (RFC) and Investment Advisor Representative (IAR), Pete D’Arruda is one of only three Certified Tax Coaches in the state of North Carolina. His approach to safe and secure lifetime income planning leads his clients to a worry-free retirement. Also known as “Coach Pete” to his financial clients and listeners of his popular financial radio show Financial Safari, Pete can be heard weekly giving financial advice on more than 100 stations nationwide.
About Peter Richon:
With more than a decade of experience in financial and retirement planning services, Peter has a deep understanding of the potential obstacles in the way of a secure financial future, and has developed a unique perspective on working through these difficulties with his clients.
Ready to take the next step?
Give us a call at 919-657-4201. Or you can click here to contact us.