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Kiplinger
Kiplinger
Business
Donna Fuscaldo

Should You Skip the Wait and Prepay Your Retirement Dreams?

Happy couple .

Eric Rivera always knew his retirement would include a house in the mountains of Puerto Rico. So instead of waiting ten or fifteen years until retirement, he went ahead and purchased his dream home while he’s still working.

It doesn’t matter that it means two mortgages. He can still contribute to his 401(k), and although things may be a little tighter, when he does retire, he’ll have two homes that he hopes will have appreciated, along with a plan for where he’ll spend his golden years.

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