If you’re looking at where to put your cash when you retire, consider paying off your mortgage. By the time you retire, the remaining balance on your home might be small enough to pay off in a single lump sum. Then, you can enjoy the remaining years of your life without having to worry about a mortgage or rent payment. This can free up your funds for other activities, or at the very least, give you peace of mind that you will always have a place to stay for free.
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