Retiring with a Mortgage

Retiring with a mortgage is often seen as less than ideal, yet it can be acceptable depending on individual circumstances. While the preference is to be debt-free during retirement for financial independence, factors such as interest rates and overall financial health must be considered. For instance, one individual faced a choice about a mortgage with a 2.5% interest rate versus liquidating investments, which would incur taxes and potentially impact cash flow. Thus, a mortgage at a low rate may not be a critical concern if other elements of the retiree's financial status are solid.