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RWM Tuesday 8/14

Published: Jan 31, 2018

Experts I’ve talked to are divided on whether you should carry your mortgage with you into retirement. Some favor paying it off, while others say there’s no rush as long as you have a low, fixed interest rate. But there’s no debate about consumer and student loan debt: retire it before you retire, experts advise. You definitely don’t want those obligations hanging over your head when you’ve stopped earning income. Of course, paying off debt is easier said than done -- especially when you’re also trying to save for retirement at the same time! Today’s edition features clever tricks to help you put your debt behind you, from a woman who paid off $30,000 in student loans in just 10 months.

Best wishes,

Elizabeth

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