Should you pay off your mortgage or invest?

C-Tier
Journal: Economics Letters
Year: 2012
Volume: 115
Issue: 2
Pages: 322-324

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The mortgage payoff dilemma affects many retirees that have enough financial assets to pay off their mortgage. I find that, on average, retirees with less than $300,000 in non-housing financial wealth are better off keeping the mortgage and investing.

Technical Details

RePEc Handle
repec:eee:ecolet:v:115:y:2012:i:2:p:322-324
Journal Field
General
Author Count
1
Added to Database
2026-01-26