Pay off your mortgage before retirement, and that's one less bill you'll have to worry about when you're on a fixed income.

If you pay off your mortgage before retirement, you take a huge financial load off your shoulders. You also become eligible to take out a reverse mortgage once you turn 62.

I love the Roth IRA. Tax-free income in retirement is a truly great deal.

The most important loan to pay is your student loan. It's more important than your mortgage, car and credit card payments. You cannot discharge student loan debt in the majority of cases.

A big part of financial freedom is having your heart and mind free from worry about the what-ifs of life.

While a reverse mortgage can indeed be a viable way to generate income, it is very important to understand that after you take out a reverse mortgage, you will still be responsible for paying the property tax, the insurance premium, and all the maintenance costs for your home.