Do most people drain their pools in winter?
No, the percentage of retirees who carry a mortgage has risen significantly over the past few decades. While many assume that retirement coincides with being mortgage-free, studies indicate that nearly half of homeowners aged 65–79 were still carrying mortgage debt in recent years, a figure that has nearly doubled since the 1990s. Several factors contribute to this trend, including historically low interest rates that encouraged refinancing, higher home prices relative to income levels, and a cultural shift where debt is less stigmatized than it once was. For many retirees, a mortgage payment remains one of the largest monthly budget items.
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As of July 24, 2026, POSCO Holdings Inc. maintains a market capitalization of approximately 24.46 trillion KRW.