According to the Employee Benefit Research Institute, 56% of workers report that they haven’t even attempted to calculate how much money they will need for a comfortable retirement.
If the Employee Benefit Research Institute is right that only 14% of American workers are very confident they will have enough money to live ‘comfortably’ in retirement, it is even more important than ever to have your house paid off by the time you retire. Owning your property free and clear puts that shelter expense money back in your pocket. From the moment you make the final mortgage payment, the likelihood of having a ‘comfortable’ retirement goes up dramatically.
It’s why the American Dream of owning property is such a great wealth-building tool. Let us help you get into a house that can help make your retirement less stressful.