A significant part of estate and tax planning analyzes different retirement financial planning strategies. As more retirees enter retirement with large amounts of mortgage debt, financial planners are often suggesting that clients reaching retirement age should be paying off mortgage debt vs making larger contributions to pre-tax qualified plans. As in all planning matters, it’s a case-by-case analysis. Nonetheless, the blog post “Pay off the mortgage or add to the 401(k)” offers some interesting points to consider.
Planning Your Future 