11-13-2016, 06:28 AM
We have thought about buying a more expensive house as well, however like you it would mean it would take 5 more years to pay off the mortgage. So we would have to sell the house when we retire. As it stands right now my house will be paid off one year after I retire. And I can probably make up the one year difference by making some extra payments over the years. We still might move though. We will see. They say that a mortgage is a good debt. I wouldn't worry about it if I were you. And honestly just retire when you are ready. I'm sure you will come out ok either way so long as you are willing to cut back your spending.