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05/28/2013 12:58 pm ET Updated Jul 28, 2013

The New Retirement: Why You Don't Have To Pay Off Your Mortgage

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Low interest rates have changed the game for retirees -- but not always in a bad way.

Consider your mortgage. With rates having fallen so far, there may no longer be a pressing need to own your house outright before you call it quits at the office.

Read more on TIME.com