Navigating Retirement with Mortgage Debt

Mar 18, 2024 1:13:00 PM

As retirement age approaches, many Australian homeowners grapple with the daunting prospect of carrying mortgage debt into their golden years. Recent trends indicate a significant number of retirees are entering retirement with mortgage debt, because of rising house prices, delayed entry into the property market, and other factors. Read on to find out more about what’s driving this trend, the impact it can have on homeowners, and potential solutions to alleviate the burden.

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Topics: Retirement, Financial Health, Mortgage Debt