What age should you have house paid off?
You should aim to have everything paid off, from student loans to credit card debt, by age 45, O'Leary says. “The reason I say 45 is the turning point, or in your 40s, is because think about a career: Most careers start in early 20s and end in the mid-60s,” O'Leary says. How long does it take the average person to pay off their mortgage? Mortgages typically come with a certain amount of time to pay off the loan.