Re:Why Generalists Triumph in a Specialized World
by rconti on Tuesday June 04, 2019 @04:18PM
(#20098818)
And/or the difference between working for another 20 years while paying the mortgage, or stacking your extra cash and retiring in 10.
Re:Why Generalists Triumph in a Specialized World
by dahfizz on Tuesday June 04, 2019 @09:51PM
(#20100867)
I'm not sure I understand your meaning. Are you saying that buying a house delays retirement? I'm not sure that is really true.
Mortgage payments gets you equity on your home, which goes a long way in retirement. Rent payments disappear, and you will have to continue to pay rent when retired.
Where these compensation packages are given so frequently (SV), it is very meaningful. It's the difference between being able to buy a home vs being forced to rent a 1-bedroom apartment.