What I'll say about real estate is that you can live on a LOT less in your retirement if you can figure out a way to pay off the house you are living in. I can't remember the numbers, but if you make one extra payment per year you reduce a 30 yr mortgage by 7 years or something.
Hardly anyone pays off their mortgage by living in their house for 30 years, but for sure renting will hurt more and more as time goes on.
In any case the two killers are rent and health insurance.
Wednesday, November 14
I am a Downer
