Friday Q&A: Should We Pay Off Our House?

What this episode covers

In the first episode of the Friday Q&A series,I address a viewer's question about whether to pay off their house before retirement. The husband is close to retirement and considers using his ESOP to pay off their recently purchased home. I discuss the pros and cons of this decision, including tax implications and the importance of maintaining liquidity.The episode offers valuable insights for anyone contemplating similar financial moves in the context of retirement planning.

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Frequently Asked Questions

How long is this episode of Retirement Answers?

This episode is 6 minutes long.

When was this Retirement Answers episode published?

This episode was published on November 22, 2024.

What is this episode about?

In the first episode of the Friday Q&A series,I address a viewer's question about whether to pay off their house before retirement. The husband is close to retirement and considers using his ESOP to pay off their recently purchased home. I discuss...

Can I download this Retirement Answers episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.