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Real Estate
Reply to "New mortgage at 45?"
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[quote=Anonymous]Generally speaking, yes. I think how risky it is to do that depends on the big picture of your financial situation, your plans for retirement, and so on. We bought our first home in our late 40s. Our kids were young, so we’ll be working until our mid-60s to get them through college. Once that’s done, we’ll either move and downsize or stay and keep paying the mortgage from our pension/retirement savings. [/quote]
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