[Tree0164]

Lori
Having your mortgage paid off before you retire is part of good retirement planning. However... you do not want to be house rich and cash poor when retiring.


Are you or your husband contributing to your 401k? Do atleast the company match or as much as you can.

Also other items to consider...
If you do have extra money each month-first of all make sure your credit card debt, any car loans would be paid off before paying to the house. Much better in the long term to pay off the credit card first.

Make sure that you have an emergency fund of atleast 6 months. More if you are a one income family.

Short-term saving goals-a car replacement fund? Home improvement fund.

Good luck!