'Money & Happiness' With Laura Rowley: Is It Smart To Throw Your Savings Into A Mortgage? (VIDEO)

WATCH: Is It Smart To Throw Your Savings Into A Mortgage?

Paul, 62, is like a lot of people near retirement: He wants a safe place to invest his money. But the interest rates on savings accounts barely keep up with inflation. Would it make sense to pay off a mortgage instead? DailyFinance's Laura Rowley reports.

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