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GOBankingRates
GOBankingRates
Laura Bogart

‘I’m 65 With $400K Saved: Should I Pay Off My $104K Mortgage?’ — a Money Expert Answers

Joyce Andrew Lokenauth GOBankingRates
AsiaVision / Getty Images

By the time you turn 65, you’ve saved $400,000 in various retirement accounts. You’re wondering if it’s possible to pay off your 15-year mortgage within five years; currently, you owe $104,000 on it at 6.015% interest. This is the dilemma GOBankingRates reader Joyce brought to our Top 100 Money Experts series.

For You: Here’s How Much You Need To Retire With a $100K Lifestyle

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