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re: Salary of $115,627 needed in order to qualify for a mortgage on a typical American home

Posted on 10/20/23 at 6:18 pm to
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63343 posts
Posted on 10/20/23 at 6:18 pm to
quote:

I bought a house before i put a penny into retirement.
And I've never bought a new vehicle.


Millennials were also told that if they didn't start saving for retirement as soon as they made their first dollar then they were ruining their lives.

Not that many did or were able to, but it's funny how everyone seems to have all the answers to the ills of the awful generation and it's all over the place depending on the specific topic at the moment.
Posted by meansonny
ATL
Member since Sep 2012
25895 posts
Posted on 10/20/23 at 6:22 pm to
The irony is that you can use your 401k without penalty for a down-payment on a home.
It is even easier that route.
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