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The Hidden Costs of Paying Off Debt in Retirement

The Hidden Costs of Paying Off Debt in Retirement

The Savvy Investor Podcast · Mike Canet

December 30, 202513m 7s

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Show Notes

Are you tempted to raid your 401k to wipe out debt before retirement? Discover why that move could cost you more than you think. Ryan Herbert dives into the real financial and tax consequences of paying off mortgages and other debts with retirement savings. Learn how lifestyle choices, tax brackets, and even Medicare premiums are affected and why a true income plan matters for lasting financial security.

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Topics

retirementdebt payoff401(k)tax planningincome strategyMedicare premiumsfinancial advisor