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Is Prepaying A Mortgage A Good Retirement Investment Option?
I recently wrote an article, Why Housing Is A Bad Long-Term Investment But You Should Buy Anyways, reviewing the reasons why the purchase of a home as a pure investment option might not always be the best option for long-term financial planning andretirement. However, this article will take a different angle with regard to housing and retirement. It does not focus on whether purchasing a home is the right financial decision for retirement, as over sixty percent of the U.S. are already homeowners. Instead, this article will focus on the feasibility of prepaying an existing mortgage as a retirement investment option, which in many cases may be financially beneficial to the homeowner…Read More
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