I’m 64 years old and I want to retire, but with a 5K mortgage, I’m terrified my savings won’t last. What to do as soon as possible

I’m 64 years old and I want to retire, but with a $185K mortgage, I’m terrified my savings won’t last. What to do as soon as possible

For decades, the retirement script was simple: the mortgage would disappear, expenses would fall, and savings would finally have room to breathe. However, consider a hypothetical retiree, Tom. He is 64 years old and plans to stop working at 66, but he still owes $185,000 on his mortgage. Your monthly payment, including taxes and insurance,…

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