re: How many of you retirees still have a home mortgage (purposefully)? What is your mindset?

I am retiring in 3-4 years. Built a house last year, larger in size, and with more amenities. Went from no mortgage to some mortgage. 15 year, 2.25%.
Previously did not have a mortgage for 8 years.

My thoughts were, I would have to carry the mortgage, which is easily doable, carry one car note, and no credit card debt (i.e. I pay it off monthly) till I'm 62, then let my SS cover my mortgage payment to the end. At that rate, no real interest in paying it off early other than not liking to make a payment.

Being that close to retirement, I figure worst case, I would take enough out at retirement to pay it off if I had to/wanted to when I retire, but I generally do not plan to do that right now. Could change tomorrow though.


P.S. I do not recommend upsizing in house at retirement. However, the wife and I have no heirs, so it's sort of the "spending your kids inheritance" mindset.

Our will state that 25% goes to our church, and the other 75% split among 2 pet shelters we have adopted from.