41% OF SENIORS ARE CARRYING A MORTGAGE! What a Paid-Off Home Is REALLY Worth In Retirement

What does it really mean to own your home outright when you retire? For millions of older Americans, retirement is becoming more financially complicated as mortgage debt and housing expenses consume a growing share of household income. Data from Harvard Joint Center for Housing Studies reveals a striking shift between 1989 and 2026 the share of home owners aged 65 to 79 carrying mortgage debt increased from 24% to 41%. among home owners aged 80 and older it rose from 3% to 31%. And the burden doesn't end with mortgage payments. Disclaimer: This video is for educational and information purposes only and should not be considered financially, tax, or investment advice. #retirementplanning #Paidoffhome #mortgage #retirement