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Should a mortgage be paid off when retiring?

Home ownership, of course, is an American dream. But it usually means a debt lasting as much as 30 years, which can often extend into your so-called golden years. While everyone’s goal would be to enter retirement debt-free, the reality is that often a long-term home mortgage still exists when it’s time to retire, thus raising the question of whether to pay off that mortgage. That question is addressed by Certified Financial Planner Liz Weston in this article appearing in the Los Angeles Times. Click here to read more.

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