<prompt> Human: As the title says. Dad died young 56, didnt even touch his retirement 200K. Mom 51 wants to spend insurance payout 1M to pay off the remaining mortgage 500K in one swoop. It seems like that money would be better spent by investing in the market and repaying the mortgage over the normal period, but my Mom likes the peace of mind of owning her own home. Hard to argue. Anything else she should keep in mind?Other factors to consider:-Its unclear if she will go back to work or not. She loves her job, but she lost a life partner and all their plans together. I dont know when she would want to return to the job market, if ever.-It is a large house, about 900K in a moderate COL area. It was for a household of six people 10 years ago, now its just her. But she loves it so Im not sure she has plans to leave. -Three children: 25, 23, 20 Edits:-The housing market in our area has been booming. Just a crazy sellers market right now, but my moms not rushing into anything. Just giving some context. -Expenses. My parents bought the house at the peak of the housing crisis and were house poor as a result much of my childhood. The mortgage payments alone took up 50-60 of their combined paycheck every month so thats by far the biggest expense. Other than that, they own one luxury car outright and a have a financed Ford Raptor my Dads favorite child gathering dust in the garage. -Debt. 30K co-signed student loans my mom may or may not decide to payoff for my brother and 20K in credit card debt from when my mom had to stop working.  <response>: Sorry for your loss. Financially that is totally fine there are other ways she could do it but its a very conservative thing and maybe its best to give her the peace of mind in this stressful time 