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Real Estate
Reply to "New mortgage at 45?"
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[quote=Anonymous]Some company gave my mom a mortgage at the age of 75. To be fair, it was only for $150k or so and she paid the rest in cash. But yes, OP, it's fine to take out a mortgage now. If you think you can keep paying it into retirement, then you can plan on staying there. If not, then you'll just downsize when you retire, and you're probably going to downsize at some point anyway, this would just be a few years earlier. [/quote]
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