If possible, try not to let your mortgage payments follow you into retirement, said financial advisor Winnie Sun.
"When you have a mortgage, you really want to focus on paying it down," said Sun, founder of Sun Group Wealth Partners. "There's a lot of benefits to this."
Fewer payments, of course, will leave you with more money in your retirement. Since many people live on a fixed income after their working years, the fewer bills, the better, Sun explained.
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If you can be mortgage-free, your retirement will also be more secure, Sun said, adding, "You'll have a true asset" for expenses such as long-term care insurance.
Sun recommended you "up your payment just ever so slightly," by 10 percent, 5 percent, 1 percent — however much you can afford.