Before You Pay Off Your House in Retirement… WATCH THIS!

Before you pay off your house in retirement, here's what it still costs and what paying it off really changes. I follow two made-up couples, one with a paid off house and one still paying a mortgage, through the real 2026 tax and Medicare rules, including the IRMAA bill that can follow when you pay off your mortgage in one big year. CHAPTERS: 00:00 what a paid off house still costs every month 02:20 the money locked in your walls 03:25 does a paid off house lower your taxes 05:27 the medicare bill that shows up two years later 06:51 when paying off your mortgage actually hurts you 08:59 how much your savings has to cover each month 10:14 should you pay off your mortgage before retirement #retirement #retirementplanning #paidoffhouse