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I would appreciate and invite anyone's review of the following analysis:

1. Will turn 59.5 years of age May 1, 2000.
2. Have mortgage at 8% interest
3. Have enough $$ in tax deferred account to pay off mortgage
(currently in MM at 5% interest)
4. There are no withdrawal penalities on the account
5. Currently at 36% marginal tax bracket
6. Will be at 31% marginal tax bracket upon retirement in 3 years.
7. Amount to withdraw will not push me into a higher bracket either prior to or after retirement.

Shall I withdraw these funds and pay off my mortgage or wait until I retire to do so.

My analysis says the Foolish thing to do is wait. What say ye?

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