Comments on: Pay off your mortgage before you retire http://blog.accuquote.com/2009/08/06/pay-off-your-mortgage-before-you-retire/ AccuQuote blog is brought to you by AccuQuote.com, a leading provider in term life insurance for people across the U.S. This blog is dedicated to providing you with valuable information from experts on the topics of insurance, financial planning and personal finance. Fri, 12 Mar 2010 18:34:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: HairSite http://blog.accuquote.com/2009/08/06/pay-off-your-mortgage-before-you-retire/comment-page-1/#comment-11793208 HairSite Mon, 10 Aug 2009 07:56:17 +0000 http://blog.accuquote.com/?p=1170592#comment-11793208 I totally agree that it is important to pay off your mortgage as well as any other debts before you retire. If you are not debt free and mortgage, then you simply should not retire, as simple as that. Also, people underestimate the importance of life insurance. Life insurance, IMO, is more important than investing in the stock market. The proceeds from life insurance is TAX FREE, and the risk of losing your spouse and having to shoulder the entire financial burden cannot be over stressed. In the order of priorities or importance: 1) pay off all debt, including mortgage. 2) Get enough insurance (life, disability, long term care). Only if 1 and 2 are accomplished should you consider putting the money in stock market. I totally agree that it is important to pay off your mortgage as well as any other debts before you retire. If you are not debt free and mortgage, then you simply should not retire, as simple as that. Also, people underestimate the importance of life insurance. Life insurance, IMO, is more important than investing in the stock market. The proceeds from life insurance is TAX FREE, and the risk of losing your spouse and having to shoulder the entire financial burden cannot be over stressed. In the order of priorities or importance: 1) pay off all debt, including mortgage. 2) Get enough insurance (life, disability, long term care). Only if 1 and 2 are accomplished should you consider putting the money in stock market.

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