9 Tips to Reduce Housing Costs in Retirement

Pay off Your Mortgage

This is one of the most beneficial things you could do for your income. No matter if you are about to retire or you’re already a retiree, making an extra effort to pay off your mortgage is a must. This step will eliminate one of your biggest monthly expenses and give you piece of mind knowing that, no matter what happens to your income, you’ll always have your home.

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