For retirees, a new mortgage presents challenges

For retirees, a new mortgage presents challenges

The road to retirement can be paved with good intentions — such as paying down the mortgage faster so that, by the last day on the job, your house really is all yours.

With millions of homeowners struggling to make even regular mortgage payments these days, an accelerated payoff goal may seem beyond reach. Yet many financial planners still advise debt-free retirement — including freedom from mortgage payments.

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