Managing Mortgage Debt in Retirement
Jul 30, 2009
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By Geoff Considine, Ph.D.
Typically, a client has three choices on how to manage a mortgage in retirement: pay it off before retiring, buy an annuity to cover payments, or draw on the investment portfolio over time. What's the best way to go? It's a discussion you need to have with every pre-retiree before the big day.