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.
Re:Why Generalists Triumph in a Specialized World
by rconti on Wednesday June 05, 2019 @01:29PM
(#20106874)
Right, this, sorry if it wasn't clear. It all depends on how much extra you have. I mean, if 200k is just making ends meet, 400k means infinitely larger savings!
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.