We’re retired with $1.4 million in investments and two mortgages worth $200,000. Do we pay them off and risk raising our Medicare premium? 

"One-third of our retirement funds goes toward the mortgages alone, and if I add up all expenses, almost two-thirds is being spent."

We’re retired with $1.4 million in investments and two mortgages worth $200,000. Do we pay them off and risk raising our Medicare premium? 
"One-third of our retirement funds goes toward the mortgages alone, and if I add up all expenses, almost two-thirds is being spent."