Stewart wants to save for retirement and also pay off his mortgage. Each year, he has an extra $5,000. Should he put that extra

Question

3 years ago

10

Stewart wants to save for retirement and also pay off his mortgage. Each year, he has an extra $5,000. Should he put that extra

money into his house instead of contributing to an IRA?
A. Yes, the tax benefits of homeownership are similar to IRA tax breaks.
B. Yes, owning a home can be useful in retirement for reverse mortgages.
C. No, a retirement plan should have more diversity than just real estate.
D. No, homes are poor investments that will eventually lose value over time.

Mathematics

1 answer:

Evgesh-ka [11] · Answer 1 · 2022-01-09T15:56:34+03:00

Evgesh-ka [11]3 years ago

7 0

A) Yes, The tax benefits of Homeonership are similar to IRA tax breaks..!

Im not sure about my answer ..

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