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Should I Get a Mortgage for My Retirement Home?
Episode 539

Should I Get a Mortgage for My Retirement Home?

Have you thought about getting a mortgage for your home in retirement? If so, have you strategized how you would pay it off? In this episode, we explore Scott’s question about pursuing a mortgage and paying it off early. Listen in to learn...

Retirement Answer Man

May 15, 202436m 15s

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Show Notes

 

Have you thought about getting a mortgage for your home in retirement? If so, have you strategized how you would pay it off?

In this episode, we explore Scott’s question about pursuing a mortgage and paying it off early. Listen in to learn some different strategies you could use if you plan to get a mortgage on your home in retirement. OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN PRACTICAL PLANNING SEGMENT 

  • [2:08] Should Scott get a mortgage to build his retirement home?

LISTENER QUESTIONS 

  • [12:13] HSA fees can be more expensive than the interest
  • [15:14] What should John think about when deciding on whether to get a mortgage?
  • [19:12] On using reverse dollar cost averaging
  • [22:07] Can we use Roth conversions to do RMDs?
  • [25:29] Understanding investment advisory fees
  • [29:28] Tom’s perspective on his retirement

ROCK LIFE 

  • [33:41] On cultivating a growth mindset

TODAY’S SMART SPRINT SEGMENT 

  • [35:00] Take your thought and do it in the moment

Resources Mentioned In This Episode
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement  by Roger Whitney
Roger’s Retirement Learning Center

Topics

FinancialPlanningLifePlanningRetirementPlanningcareerplanninginvestinginvestmentmanagementretirementretirementpodcastsaving