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Editor’s Note: This story originally appeared on NewRetirement. Recently, on the NewRetirement Facebook group, Linda asked about what she should do with a recent inheritance. She asked whether she should pay off her mortgage or invest. She wrote: “I am 77 and have a mortgage with $150,000 left on it. I have inherited enough money to pay if off. Should I? The mortgage is at 4.35% interest rate. ”…
