Should I Pay Off My Home and Have No Mortgage in Retirement?

In this video, I discuss what it's like to pay off your home and have no mortgage in retirement. Many people want to get rid of their mortgage before retiring.
For some, this can be a smart move. But for others, it can be a crippling decision that changes the trajectory of their retirement plan. I'll discuss some of the variables that influence retirement success, how you can think about this yourself, and how apply this thinking in your own life.
I also cover a special consideration on federal employees should be planning their retirements to give them the best chance of having a meaningful and fulfilling federal retirement.
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