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We’re in our 70s. Should we pay off our 2.5% mortgage — or put the money in a high-yield savings account?

Real Estate

We’re in our 70s. Should we pay off our 2.5% mortgage — or put the money in a high-yield savings account?

Katherine Langford

Katherine Langford

Editor-in-Chief · Edina, MN

Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.

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Editor-in-Chief · Thursday, October 29, 2026 at 11:15 AM · 1 min read

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We’re in our 70s. Should we pay off our 2.5% mortgage — or put the money in a high-yield savings account? — Washington DC Real Estate news

“Let’s say 10 years from now, when I’m 84, we need a substantial amount of cash.”

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