Excerpt from: AARP (click for full article)
Paying off the mortgage before you head into the land of fixed-income living, otherwise known as retirement, is becoming an unattainable goal for a growing number of people.
A survey by the Securian Financial Group found that about half of 526 retirees polled in March carried mortgage debt into retirement. And it appears that even greater numbers of boomers will follow suit.
[Read: Fixing One Family's Finances]
The poll asked 495 pre-retirees ages 50 and older if they expected to carry mortgage debt into retirement; 67 percent said yes. In similar surveys by Securian in 2007 and 2009, just 30 percent of near retirees said the same.
Michelle Hall, a market research manager at Securian, called the latest findings troubling.
Hi mates, its great article about educationand fully defined, keep it up all the time.
Posted by: Fresh Healthy Vending Reviews | September 24, 2013 at 11:14 AM
Does your skte ave a contact page? I'm having problems locating it but, I'd like to shoot you aan e-mail. I've got some suggestions for your blog you might be interested in hearing. Either way, great site and I look forward to seeing it develop over time.
Posted by: casa dos idosos | October 04, 2013 at 01:20 AM
Hi there colleagues, nice article and pleasant arguments commented at this place, I am really enjoying by these.
Posted by: nashville painting company | October 13, 2013 at 11:33 AM
Thanks! Glad to hear our hard work is appreciated!
Posted by: Patti Dudek | November 13, 2013 at 04:05 PM