Ep 105: Paying Off the Mortgage, Convincing a Spouse to Retire, Taxes on Inheritance - Mailbag Episode

<p class="BodyA" style="margin-bottom: 0in; mso-pagination: none;"> <span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> In today’s episode, we continue discussing and answering listener questions we’ve received. Scott will answer questions on paying off your home mortgage, navigating retirement discussions with your partner, and leaving behind an inheritance for your children. Listen in as you may find yourself asking a similar question, in a similar scenario, or able to take the strategies discussed to help improve your financial picture!</span></p> <p class="BodyA" style="margin-bottom: 0in; mso-pagination: none;">  </p> <p class="MsoNoSpacing"><strong><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-style: italic;"> Here's what we’ll discuss in this episode: </span></strong><strong><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-bidi-font-style: italic;"> </span></strong></p> <ul> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> Mailbag- Should I just pay off the $45,000 left on my mortgage if I have the money? <strong>(2:40)</strong></span></li> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> Are you getting tax deductions for your mortgage interest? <strong>(9:43)</strong></span></li> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> Mailbag- How can I convince my spouse to join me in retirement?<strong><span style= "mso-spacerun: yes;"> </span>(11:51)</strong></span></li> <li class="BodyA"><span style= "font-size: 14.0pt; line-height: 107%; font-family: 'Arial',sans-serif; mso-fareast-font-family: Arial;"> Mailbag- What kind of planning do I need to do to ensure my kids inherit my money and not the IRS? (<strong>19:52)</strong></s