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‘I’m 65 With $400K Saved: Should I Pay Off My $104K Mortgage?’ — a Money Expert Answers
Yahoo Finance·2025-10-30 00:57

By the time you turn 65, you’ve saved 400,000invariousretirementaccounts.Yourewonderingifitspossibletopayoffyour15yearmortgagewithinfiveyears;currently,youowe400,000 in various retirement accounts. You’re wondering if it’s possible to pay off your 15-year mortgage within five years; currently, you owe 104,000 on it at 6.015% interest. This is the dilemma GOBankingRates reader Joyce brought to our Top 100 Money Experts series. For You: Here’s How Much You Need To Retire With a $100K Lifestyle Learn About: 3 Advanced Investing Moves Experts Use To Minimize Taxes and Help Boost Returns To help her think more clearly about h ...