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

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In this case, presume maintaining or perhaps regular refinancing of the mortgage (continuing to extend its term) is the "peace of mind" solution?

Hard to imagine being 90yo and refinancing for another 30-years (w/PMI I suppose!), but the financial math would likely say right decision for peace of mind.

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We need to not be quick to forget that interest rates are at incredibly low historical lows. Not paying it off is different then planning to maintain or planning to get another.

The numbers are fairly easy to make work at 2.5-4%, once you start getting to 4.5% its very fuzzy and then very very quickly after that at 6%, 8%, 10% etc. you would be getting crushed keeping a mortgage.