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In this video, we dive into one of Charlie Munger’s most surprising financial lessons: why paying off debt after 60 might not always be the best move. Contrary to popular belief, Munger shows that strategic financial planning in retirement can be smarter, more profitable, and better for long-term stability than rushing to eliminate debt. We break down essential retirement debt management strategies, explore whether you should pay off debt before retiring, and reveal how long-term investing after 60 can strengthen your wealth preservation plan. Learn how shifting your money mindset in later years can transform your relationship with money and help you avoid common financial mistakes. Packed with Charlie Munger’s personal finance wisdom and proven wealth-building tips, this video offers practical guidance for retirees and older adults looking to protect their financial freedom, make smarter money decisions, and create a safer, more resilient financial future. This video is for educational and informational purposes only. It does not provide financial, investment, or legal advice. Charlie Munger’s ideas and strategies discussed here are shared for general understanding and may not apply to every individual’s situation. Always consult a qualified financial advisor or professional before making any financial decisions, especially regarding debt, retirement planning, or investing. The creators of this video are not responsible for any actions taken based on the information provided.