The goal for all of us is to be free and clear of a mortgage but is that changing with low interest rates? Let's talk about how your house plays into your retirement plan by looking at strategies like refinancing, paying off your debt, and reverse mortgages.
Read more and get additional resources here: http://makeretirementwork.com/330/ep-2-how-your-house-factors-into-financial-planning-decisions/
Today's show schedule:
0:40 – With interest rates so low, what should we be doing with our mortgage?
3:52 – What variables should you consider before downsizing?
6:04 – Is a reverse mortgage a good idea?
7:44 – How a reverse mortgage works.
9:06 – Timing is so important as well because of interest rates.