Should I Pay Off My Mortgage Before Retiring?

About this episode

Brett discusses the implications of paying off a mortgage before retirement through the case study of a nurse practitioner.

If you are within five years of retirement and thinking about paying off your mortgage, you are asking the right question, but… you’re probably asking it the wrong way. In this episode, Brett walks through a sample client household, Imani, a 60-year-old nurse practitioner retiring in December with $1.7 million in her 403(b) and a $228,000 mortgage. Her plan was simple: pull the money from her retirement account and walk into retirement debt-free. Brett shows why that one decision would ...

People in this episode

Host: Brett Fellows

Topics covered

• mortgage
• retirement planning
• financial decision-making
• debt management
• nurse practitioner finances

Keywords

• mortgage
• retirement
• financial planning
• debt-free
• 403(b)
• nurse practitioner
• investment

Mentioned in this episode

Books & works: 403(b)

Places: United States

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