Should you pay off your mortgage or invest?

被引:1
|
作者
Michelangeli, Valentina [1 ]
机构
[1] Congress Budget Off, Washington, DC 20515 USA
关键词
Mortgage; Welfare; Elderly; PORTFOLIO CHOICE;
D O I
10.1016/j.econlet.2011.12.021
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. Published by Elsevier B.V.
引用
收藏
页码:322 / 324
页数:3
相关论文
共 12 条