My mortgages have increased in retirement. My residence has a very low interest mortgage that has 10 more years to run. I live in a rural area and over time I have purchased parcels surrounding my residential acreage. The most recent purchase filled in a hole between 2 other parcels. I had enough equity holdings to pay for it, but decided against the tax consequences of liquidating highly appreciated stock. After much research I transferred stock to a self-directed account that allowed for a portfolio line of credit, now at 4.64%. (It adjusts with the Effective Federal Funds Rate "EFFR"). Because I hold the property as an investment, I can deduct the interest. I plan to pay off my loan when I dispose of a different parcel in a couple of years. If I were to die before completing my financial and real estate maneuvers, my appreciated stock can more than cover my mortgage debts. That being said, I still experience worry when making large purchases and hope to be mortgage free in 10 years.
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My mortgages have increased in retirement. My residence has a very low interest mortgage that has 10 more years to run. I live in a rural area and over time I have purchased parcels surrounding my residential acreage. The most recent purchase filled in a hole between 2 other parcels. I had enough equity holdings to pay for it, but decided against the tax consequences of liquidating highly appreciated stock. After much research I transferred stock to a self-directed account that allowed for a portfolio line of credit, now at 4.64%. (It adjusts with the Effective Federal Funds Rate "EFFR"). Because I hold the property as an investment, I can deduct the interest. I plan to pay off my loan when I dispose of a different parcel in a couple of years. If I were to die before completing my financial and real estate maneuvers, my appreciated stock can more than cover my mortgage debts. That being said, I still experience worry when making large purchases and hope to be mortgage free in 10 years.
Post: Mortgage in Retirement
Link to comment from January 11, 2026