We all need help being money-smart. Each of our Marshfield Mariner articles allow the team from McNamara Financial to tackle an issue that will build your financial planning skills.
In this article, we’re discussing retirement. Living comfortably after we stop working is everyone’s goal. One way to help ensure that is to go into retirement mortgage-free. In “Money Talk: How to retire and live happily ever after,” Mike McNamara explains how retiring your mortgage at the same time you retire from work will eliminate your biggest expense at a time when income is also scaling back.
Unfortunately, with the average homeowner refinancing or purchasing a new home every seven years, paying off a mortgage can be very difficult. When thinking of buying or refinancing, contact us first. We can help evaluate budgets and your current financial and retirement picture to help make starting retirement mortgage-free a reality.