Should You Pay Off Your Mortgage Before Retirement? A CFP® Explains
📅 Schedule a Portfolio Risk Review
https://calendly.com/jeremy-basewealthmanagement
Many people approaching retirement ask the same question: Should I pay off my mortgage before I retire?
For many business owners and professionals, the mortgage becomes the final piece of financial pressure keeping them tied to work longer than they want.
In this video, Certified Financial Planner™ Jeremy Riggs walks through a real strategy conversation he had with a husband-and-wife business team who were doing many things right financially — but still felt uncertain about their retirement timeline because of their mortgage.
Instead of guessing, Jeremy ran the numbers and built a clear strategy using two simple financial planning levers:
• Strategic principal payments from commission income
• Structuring income to increase future Social Security benefits
The result? A defined timeline to eliminate the mortgage and a stronger income foundation for retirement.
This example highlights an important truth many people miss: retirement planning isn’t just about investments.
It’s about coordinating decisions across debt, income, taxes, and future benefits so each move supports the next.
If you're approaching retirement and wondering whether paying off your mortgage should be part of your strategy, this video will help you think about the decision more clearly.
If you’d like to see how your portfolio risk aligns with your retirement timeline, you can schedule a portfolio risk review using the link below.
📅 Schedule a Portfolio Risk Review
https://calendly.com/jeremy-basewealthmanagement
This meeting will help you evaluate:
• Whether your portfolio risk fits your timeline
• Your retirement income strategy
• How debt decisions impact your long-term plan
#RetirementPlanning #MortgagePayoff #FinancialPlanning #RetirementStrategy #CFP
Base Wealth Management is an SEC-registered investment adviser and offers advisory services in jurisdictions where it is properly registered, notice-filed, or otherwise exempt from registration requirements. Base Wealth Management renders individualized responses to persons in a particular state only after complying with applicable SEC and state regulatory requirements or pursuant to an applicable exemption or exclusion. Registration with the SEC does not imply a certain level of skill or training.
Different types of investments involve varying degrees of risk, including the potential loss of principal. Past performance is not indicative of future results, and there can be no assurance that any investment strategy will be successful. There is no guarantee that any portfolio will achieve its investment objectives or outperform any benchmark or index.
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BASE WEALTH MANAGEMENT is an SEC-registered investment adviser and offers advisory services in jurisdictions where it is properly registered, notice-filed, or otherwise exempt from registration requirements. Base Wealth Management renders individualized responses to persons in a particular state only after complying with applicable SEC and state regulatory requirements or pursuant to an applicable exemption or exclusion. Registration with the SEC does not imply a certain level of skill or training. Different types of investments involve varying degrees of risk, including the potential loss of principal. Past performance is not indicative of future results, and there can be no assurance that any investment strategy will be successful. There is no guarantee that any portfolio will achieve its investment objectives or outperform any benchmark or index.
Different types of investments involve varying degrees of risk including the potential loss of the entire principal invested. Past performance is no guarantee of future results and there can be no assurance that any specific investment will be profitable. There are also no assurances that any portfolio will match or outperform a particular benchmark or index.
This material is provided for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. It does not constitute tax or legal advice. References to market indices are for context only. Consult a qualified financial professional before making any financial decisions.
BASE WEALTH MANAGEMENT does not represent, warranty, or imply that the services or methods of analysis employed by the firm can or will successfully identify market tops or bottoms, or insulate clients from losses due to market corrections or declines.
BASE WEALTH MANAGEMENT will provide all prospective clients with a copy of our current and prior to commencing an Advisory relationship. Existing clients will receive a copy of these documents on an annual basis. A copy of our current ADV Part 2 Brochure is available at adviserinfo.sec.gov.
The Retirement Reality Check is an educational tool intended to help individuals identify areas that may warrant further planning discussion. It is not a financial plan, investment recommendation, or guarantee of retirement readiness.
Statistics cited on this page are drawn from third-party research and are provided for general educational context only. Individual circumstances will vary. 1,2,5 Employee Benefit Research Institute (EBRI), 2023 Retirement Confidence Survey. ebri.org. 3 Federal Reserve, Report on the Economic Well-Being of U.S. Households (2023). federalreserve.gov. 4 Federal Reserve, Survey of Consumer Finances (2022). 5 Vanguard, How America Saves (2023); National Institute on Retirement Security, Retirement Insecurity 2024.
· · · regarding Compliance & Regulatory information.