Should You Pay Off Your Mortgage?
Article Excerpt: "...If you’re carrying a home mortgage in the 3% or 4% range, accelerating your payments or retiring the loan entirely may offer a better return than letting cash sit around earning next to nothing--and the numbers can be even more attractive for paying down higher-rate debt on credit cards or student loans. Wait, retirees don’t typically have that kind of debt on their balance sheets, right? Not exactly: A rising number of older households are carrying significant debt..."
Resource: www.morningstar.com