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Don't Underestimate This Unavoidable Retirement Expense


A lot of people set a goal of being mortgage-free in time for retirement. And that's a good financial goal to strive for.

If you manage to retire without a mortgage, it'll mean having one less monthly bill to contend with. At a time when you may be on a tight budget that consists largely of Social Security and modest retirement plan withdrawals, being mortgage-free could spare you a world of financial stress.

Image source: Getty Images.

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Source Fool.com


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