Quote:
Originally Posted by roob1
Assuming you have current and continued solid financial solvency, and could own your residence outright with no financial impact on your lifestyle:
Given low mortgage rates 2.5%-3.5%, how would you feel about holding a mortgage on your residence in your retirement years?
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Personal opinion: Unless circumstances forced me, I would never hold debt of any kind in retirement and that includes mortgages, car loans, credit cards, or anything else.