I’m 57 With a $1.5M Home and a $400K Rental With a 7.4% Mortgage. I’m Getting a $375K Check Soon. My Financial Adviser Told Me Not to Pay Off That Loan With It. ‘I Am Not 100% Convinced.’ Who’s Right?

By Alisa Wolfson June 05, 2025 MarketWatch

A reader has a complicated financial situation and doesn’t trust their financial planner’s advice. The author advises finding a new financial advisor who has CFP® certification and recommends using CFP Board’s Let’s Make a Plan website.