Michael,
This will be my main residence. I am out of city limits but all the infrastructure is there. It will be annexed into the city in a few years. It is bordered on the south by a new high-end subdivision, on the west by a nice retirement hospital, on the north by open land, and to the east is the city of Fort Collins, CO. I have a 10 minute commute into Fort Collins (160,000) or a 10minute commute into Loveland (40,000). Also about 30 miles from Rocky Mountain National Park

My parents never owned there own home. My father usually had a house as part of his salary so we moved a lot. Owning my own home is very important to me. There are a couple reasons why I would like it paid off.

1. It's a very large monthly debt and not having that payment would make life a lot easier.
2. With my 401K, social security and a reverse mortgage I shouldn't have any financial worries after retirement. I won't be rich but I won't be poor either.

Thanks for asking,
Scott S.