Retiring with a mortgage? The reality of how much you’ll need
A recent Investopedia study finds that carrying a mortgage into retirement significantly raises the amount retirees must save to maintain financial comfort.
Retirement is supposed to be a time for relaxing and no longer worrying about day-to-day finances. However, for millions of Americans, having a mortgage can make a major difference in how much money they need to save in order to retire comfortably.