#519 - Should I Withdraw from My IRA to Pay Off My Mortgage?

One of our listeners actually has a better mortgage rate than me! However, as they begin to test their retirement budget they have found that the mortgage payment leaves that budget a bit tight. So they are wondering if they should pay off their mortgage early by withdrawing from their IRA. What would you do?

Listen in to hear my response in addition to several other listener questions. We’ll also catch up with Rosie from the last Retirement Plan Live. Press play to learn if she implemented any of the things we discussed and how her retirement has been over the past year.

The new year brings a time of renewal

While I feel that New Year’s Eve is a bit of an overrated holiday, I do appreciate the rhythm of renewal. Although, for me, every day is a new day–a way to start fresh with a clean slate. New Year is a way to start with a clean slate in the broader sense.

As you begin the year with a clean slate click here to sign up for our weekly Six Shot Saturday newsletter. In addition to the links from every episode, we also send out other valuable retirement resources that you won’t want to miss out on.