Should I Take a Small Mortgage Into Retirement?

Published: May 26, 2020, 3 p.m.

Our topic on this episode of the Ready for Retirement podcast is whether you should retire with a mortgage. Many people believe that carrying a \u201csmall\u201d mortgage into retirement with them will be advantageous in terms of tax deductions, but the reality is that unless your mortgage is rather large or you contribute to charity significantly, you will likely be better off using the standard deduction. In association with episode 7 of the podcast, where we discussed how much money you should ...