As a homeowner, paying off your mortgage before you retire is important. Once you hit retirement age, the last thing you want is to be saddled with debt or to have to continue working in order to pay off the balance of your mortgage. Here are some ways to help you reduce your total mortgage and help you buy your home for less.

While retirement might seem years into the future when you’re in your 20s and 30s, it’s an important time for setting a plan place to save for your future. The earlier you start planning and preparing for retirement, the more likely you’ll have sufficient savings to comfortably retire. Working on a few fundamental principles can help build a solid base for managing your income and ultimately your wealth. To help you start planning for retirement, here are some things to consider.