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<<You've already qualified for the mortgage, paid your closing costs, etc etc. I'd opt for the liquidity and leave the mortgage where it is.>>

I'm preparing for early retirement myself. We are planning to buy a new house this year or next, and plan to mortgage it to the hilt. The money that we cleverly don't sink into the house (average annual growth 1%-2%) will go into the stock market (average annual growth 11%).

FWIW, my (75-year old) mother recently closed on her new house at Sun City. The lady who handled the closing said that more than half of the people buying houses there are taking out a mortgage (usually with only 20% down) on the advice of their financial advisers. Believe me, *no* person moving into Sun City doesn't have the ability to pay cash if they want to.

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