Faculty Publications

Title

Is Prepaying A Mortgage A Good Retirement Investment Option?

Document Type

Article

Publication Date

10-2-2014

Abstract

I recently wrote an article, Why Housing Is A Bad Long-Term Investment But You Should Buy Anyways, reviewing the reasons why the purchase of a home as a pure investment option might not always be the best option for long-term financial planning and retirement. However, this article will take a different angle with regard to housing and retirement. It does not focus on whether purchasing a home is the right financial decision for retirement, as over sixty percent of the U.S. are already homeowners.