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Retirement tax questions
Another relevant issue to consider is inflation, currently running over 4%. If you have a fixed-rate mortgage, inflation means that you are paying off your mortgage with ever and ever cheaper dollars, compared to their value when you first took out the loan. Advantage: borrower.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎June 28, 2023
7:17 AM
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