Should I Pay Off My Mortgages with My Retirement Funds: Expert Advice for Retirees

Should I Pay Off My Mortgages with My Retirement Funds: Expert Advice for Retirees

My wife and I are both retired. Right now we have an IRA worth over $800,000, which is intact, and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 remaining with an … Read more

President Andrés Manuel López Obrador Urges SCJN to Donate 15 Billion Pesos for Hurricane Otis Victims in Acapulco

President Andrés Manuel López Obrador Urges SCJN to Donate 15 Billion Pesos for Hurricane Otis Victims in Acapulco

Acapulco, Gro. President Andrés Manuel López Obrador called on the ministers of the Supreme Court of Justice of the Nation (SCJN) to reconsider and finally donate the 15 billion pesos that accumulate in 13 trusts of the Judicial Branch to support victims. This morning the presidential conference is held from this port, which, along with … Read more

We are retired with $1.4 million in investments and 2 mortgages worth $200,000. Should we pay them back and risk increasing our Medicare premium? – CNET

We are retired with $1.4 million in investments and 2 mortgages worth $200,000.  Should we pay them back and risk increasing our Medicare premium?  – CNET

My wife and I are both retired. Currently we have an IRA worth over $800,000 that is intact and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 left with 2.5% interest, … Read more